Need a loan to expand your poultry farm operations? Or is the interest rate on your current poultry loan too high and you want to refinance? In either case, it’s always good to have an idea of what those annual payments might look like. Try out this handy chicken farm loan calculator which allows you to check out what your annual payments might look like based on interest rates for a 15 year loan:
As you plan to approach a lender, you’ll want to have specific information and paperwork ready to share. For example:
You’ll want to work with your accountant to pull together all the information you need for expanding your operations or refinancing your farm loans. At FFB, we’ve had decades of experience in poultry farm loans and finance and to help you, we’ve created a checklist for you to share with your accountant.