Ag lender offers advice ahead of operating loan meeting

Ag lender offers advice ahead of operating loan meeting

An ag lender has some advice for farmers preparing to sit down with their bankers to discuss 2019 operating loans.

Kent Thiesse with MinnStar Bank in south-central Minnesota recommends making that appointment now.

“Have things summarized from last year, have an up-to-date balance sheet, and if you have issues, be honest and up front about it.  The worst thing you can do is not be honest and break that trust level.”

He suggests being open-minded to possible adjustments.

Continue reading Ag lender offers advice ahead of operating loan meeting at Brownfield Ag News.