Why communicating with your ag lender is key

Agweek

Why communicating with your ag lender is key

OACOMA, S.D. When ranchers approach David Koupal, ag manager for Black Hills Federal Credit Union, for financing options, there are a list of requirements that he is looking for those producers to meet.It’s important to show your ag lender inventory numbers for all aspect of your business.“If they are a brand new member, we are looking at getting a past three years tax returns, a balance sheet, cash flow and depending on the time of the year, w…