Any finance info available for purchasing a loan for maple sugaring in my state

[maple36]

I am looking at purchasing some property in st. Lawrence county ny there was a farm on property at one time still being used to raise beefers. There is a barn a few out building and a house on property that is move in ready. The property is 160 acres mostly wooded. I walked the property with a good friends who has been doing sugaring for a while and estimated around 2000 to 3000 taps on the property I also walked it with another friend who estimates the same taps on property. Is there any special financing other then conventional loans out there like grants or farm loans you can go through to purchase the property I'm looking at in New York State. Before I go the conventional route.

Any information would be appreciated thanks

[maple maniac65]

How much money are you looking to borrow makes a difference on where you can look to borrow.

What do you have to stack up against what you owe. How are you going to pay it back. What time frame.

If you need let's say a couple hundred k I will loan it at 26% monthly ,now where are those emoticons.

[Urban Sugarmaker]

Check out Farm Credit East. I think they have some nice loan products for small farms. But, can you be cash flow positive with 3000 taps and a debt load?

[wiam]

Check out Farm Credit East. I think they have some nice loan products for small farms. But, can you be cash flow positive with 3000 taps and a debt load?

I looked at a property near me with maples all set up. Farm Credit wanted 25% down and you have to pay to become a member first.

[Spanielslovesappin]

With farm credit you buy a share/shares in the co-op to join; these shares allow you to collect an annual dividend that effectively reduces your interest rate. Like most things, it all comes down to your financial situation but they are very reasonable i feel and talk maple.