Re: Equipment Loans

Posted by nickg on December 01, 2006 at 06:41:50 from (24.51.124.116):

In Reply to: Equipment Loans posted by Youngfarmhand on November 30, 2006 at 18:23:20:

Don't be scared to go to the bank for a equipment loan. I wouldn't finance every thing from them I would pay cash for as much as I could. Gettin statrted in farming now is tuff. If you have any farmers that are on good terms with you chances are they will help you if they can. At least around here were I live. I started with a 67 4020 and a 7000 deere 6 row planter with splitters. I no-tilled so i didn't need a disk. I bought a planter with splitters so I only had one planter. I bought it at a sale for around 2000. It needed some work but nothing major. I was fortunate enough that a guy I help farm wit let me use his disk if I needed and we worked a deal out on him harvesting for me.Now we are farming together and farm about 2000 acres.

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