How do I get financing for syrup equipment

[calvertbrothers]

Have you marketed the syrup? Did you file a schedule F income tax form? Even if you have not yet done so, you still may be eligible for a loan. Show the lender your long term plans and how you will achieve them. Do you own any equipment currently? That and new purchases can be used as collateral.

Yes I have done both. And I have equipment really old stuff but I do own it.

[Spanielslovesappin]

Calvert,

Our Farm Credit Branch is in Batavia and they are maple wise. It will depend on your credit worthiness and net worth of course but they are a great potential resource. It docent hurt to ask!

ALSO NY has both new and young farmer incentives though i am not up on the details.

[calvertbrothers]

Calvert,

Our Farm Credit Branch is in Batavia and they are maple wise. It will depend on your credit worthiness and net worth of course but they are a great potential resource. It docent hurt to ask!

ALSO NY has both new and young farmer incentives though i am not up on the details.

Where is Batavia is it located? Nothing happening till probably around spring but I'd like to get my ducks in a row. And thanks everyone for the info I'm got to good with financing stuff. U guys helped a lot

[maple maniac65]

Try prosper.com

[Spanielslovesappin]

Farm Credit East

4363 Federal Drive
Batavia, NY 14020-4105
585-815-1900

Search "Farm Credit East" for more info.

[calvertbrothers]

Farm Credit East

4363 Federal Drive
Batavia, NY 14020-4105
585-815-1900

Search "Farm Credit East" for more info.

Thank you. I'll start pricing out everything now

[jimsudz]

Hey Mike, just got an email from wyoming cce and they are having a meeting on dec 16th down in Warsaw about farm loans for first time farmers. I'm not sure if you are a member , or if you need to be to go and see about funding your operation. I would contact Deb Welch down at Wyoming Co CCE and see if this would pertain to your situation.

[calvertbrothers]

Hey Mike, just got an email from wyoming cce and they are having a meeting on dec 16th down in Warsaw about farm loans for first time farmers. I'm not sure if you are a member , or if you need to be to go and see about funding your operation. I would contact Deb Welch down at Wyoming Co CCE and see if this would pertain to your situation.

Yeah I should probably go. I'll call down there tonight thanks for the info!

[bees1st]

I looked at Farm Crédit East , but found a much better rate at Farm Buearu Bank . Very quick decision too.

[calvertbrothers]

I looked at Farm Crédit East , but found a much better rate at Farm Buearu Bank . Very quick decision too.

I'm going to try and apply this spring and hope all goes well