Reading Time: 4 minutes Typically banks review their clients’ financial statements annually as part of a credit review process. The goal is to understand the client’s ability to service debt and how this may have changed over the past year. “We want to help you manage your cash flow,” says plain speaking Tara Conway, BMO vice-president of commercial banking […] Read more
What bankers want to see when you go to the bank
Getting these documents ready before you meet the bank rep may mean more available financing with better terms
U.S. regulators revise proposal on commodity position limits
Reading Time: 2 minutes Chicago | Reuters — U.S. derivatives regulators are revising their proposal to limit the positions that traders can hold in commodity markets to make it easier for some hedge funds and banks to keep large trades. The Commodity Futures Trading Commission wants to allow financial firms to count their market positions separately from subsidiaries if […] Read more
Financing proposals — what to take to the bank
AME Management: Provide the essential information to your lender so they can better understand your business and assess your "ask"
Reading Time: 3 minutes In farming, where access to adequate financing is key to success, lender relationships can’t be ignored. Nor can you neglect your approach to your annual review meeting with your lender. This is an important management function that needs focus. How can we best manage those relationships and your annual review for long-term positive outcomes? “Lending […] Read more
The critical role of cost control on the farm
Guide Thrive 2015: Upgrading your planning, tracking and benchmarking processes isn’t always easy, but it can put you in charge of your farm’s future
Reading Time: 5 minutes Forget good luck. As a strategy, it obviously has its weaknesses. Worse, it takes your eye off the factor that really makes a difference — how good you are at tracking and managing your costs. If there’s any luck involved in that, says Drew Fowler of Eyebrow, Sask., it’s a word that never comes to […] Read more
A message from April Stewart, Country Guide's Associate Editor
