Financing Farmland and Equipment

This is a crash course to help small and beginning farmers learn more about purchasing a farm and/or equipment This workshop will assist in understanding common industry financing methods, terms and monthly payment calculations for acquisition of both farmland and equipment while measuring the tax benefits of the purchases through annualized depreciation methods as allowed by the IRS and State of NJ. High level review of cash-flow planning for equipment that provides for savings in labor hours and financing similar applications through conventional and SBA/Other or similar banking products.