Young and beginning farmers are the future and small farmers continue their important contribution to agriculture. Cape Fear Farm Credit is committed to being a reliable, consistent, and conservative lender for young, beginning or small (YBS) farmers in its territory. The objective of the YBS farmer program is to make a concentrated and cooperative effort to finance YBS farmers and to encourage the entry and continuation of YBS farmers in agriculture.
Are you a Young, Beginning or Small Farmer?
- A young farmer is one that is age 35 or younger.
- A beginning farmer is one who has 10 years or less of farming, ranching or aquatic experience.
- A small farmer is one who normally generates less than $250,000 in annual gross sales of agricultural or aquatic products.
NOW ACCEPTING AG BIZ PLANNER APPLICATIONS
Cape Fear Farm Credit will accept 10 YBSM farmers/farm families to participate in the Ag Biz Planner online course. The Ag Biz Planner program consists of interactive exerices, an objective test, and application exercises that will assist you in creating a business plan to take your business to the next level. The ten module curriculum topics include:
| Megatrends Facing the Industry |
How Lending Decisions Are Made |
| Strategic Business Planning |
Farm Business Management Factors |
| Preparing for Your Lender |
Growth and Transition Management |
| Constructing Financial Statements: The Balance Sheet |
Personal Financial Management |
| Constructing Financial Statements: The Income Statement and Cash Flow |
Communications, Ethics, and Professionalism |
Ag Biz Planner Information - click on the links below
The Ag Biz Planner program is funded through a grant from the North Carolina Tobacco Trust Fund Commission.
For additional information, please call Skipper Jones 800.368.5819 x3238 or send an email to ssjones@capefearfarmcredit.com.
Click here to find a local Cape Fear Farm Credit branch
Loan Programs
