I had a yarn with a really talented, hard working cropping fella one day about crop finance.
My view, it’s best avoided, as it was an annualised rate of 12% or so.
There’s much cheaper lines of finance.
Nah nah, because they only use it for 6 months, it’s only 6%..
Times are tough in Australian agriculture. If you need to borrow money, be very careful. There are some extreme interest rates on offer
Read more on the link below 👇🏻
episode3.net/conversations/f…