Start Date: 7/9/2024 12:00 PM CDT
End Date: 7/9/2024 1:00 PM CDT
Venue Name: Online
Organization Name:
CAFA Zoom
Contact:
An open discussion on Farm Transition between CAFA members. You must register in advance to get the link.
Financing for Farm Succession
Ensuring that the next generation has access to adequate financing to maintain and grow the farm, ensuring a seamless and financially sound succession process, securing the farm's future for the next generation.
Topics for discussion could include:
· Succession Loans: Exploring succession-specific loan programs that offer favorable terms to new farmers taking over family operations.
· Gradual Transition: Structuring a gradual transition plan that allows the successor to build creditworthiness and financial stability while the outgoing owner retains some financial interest.
· Business Plan Development: Assisting successors in developing robust business plans that demonstrate viability and attract financing from banks and other financial institutions.
"It was wonderful being part of the discussion, thank you for thinking of me,
what a great resource for connecting like minded professionals across the country
and generating that conversation. Thanks again,
________________________
Stéphane R. Warnock*
*services provided by the Warnock Law Corporation
