is a capital-intensive business. Access to capital that
is both adequate and timely is paramount to the profitability
and cash flow requirements of operating a farm business.
Size of the business is crucial to keeping overhead
costs low. Debt capital is often the best means for
financing expansions that can mean the difference between
profitability and extinction.
the problem exists:
a world of fewer farms, finding lenders and loan officers
that understand your business can be a constant challenge.
Lenders are changing too. There are fewer of them and
they are providing less analysis than they used to.
Deals that used to be done on a handshake now require
pro-forma balance sheets and cash flow projections with
a serious amount of detail. As farming itself has become
more complex, so have the information needs of those
supplying credit. When lenders do not understand or
know what is happening in your business, nothing good
is bound to happen.
Dehm Associates, LLC can help:
speak the language of bankers at Dehm Associates, LLC.
Financial statements, ratios, points, cash flow coverage,
and the like are what lenders need to communicate your
farm's needs to their loan committees and their bank
regulators. Products like Year-Over-Year Reports, Annual
Benchmarks, and your involvement in Advisory
Teams, help you communicate your financing needs
with your lender. Improving lender relations is one
of the most admired benefits of the Dairy
Dashboard. Making sure you have a business
plan in place gives you and your lender peace of mind.
It shows that you have confidence in your ability to
credit for agricultural operations takes a trained and
knowledgeable loan officer. Likewise, communicating
with that loan officer so that he or she can provide
your farm business with the right amount of debt capital
and optimal repayment structure is a specialized talent.
Dehm Associates, LLC has the experience, talent, tools
and contacts to help any size farm find the right lender
and the best terms.