There’s a lot to do to get your operation’s finances in order. Trying to compile all of your financial information can feel overwhelming at times. And while many farmers sit down with their banker on an annual basis to get a picture of their financial situation, the process doesn’t have to be so cumbersome.
We’ve created a Balance Sheet Template so you’ll have insight into your operation’s financial health. Having the ability to independently take stock of your operation will give you more power and control over your own operation and finances.
[Click here or fill out the form at the bottom of this page to download the template.]
With the new Balance Sheet Template, you’ll be able to dig into your operation’s financial situation and get an overall picture of where you’re at right now and how you need to plan for the future.
The template will help you with the following:
Balance Sheet
Current Schedules
Intermediate Schedules
Long Term Schedules
Cash Flow Analysis
Click here to enlarge the image above.
[READ: Planning Ahead: Building a Farm Budget]
Keeping an updated balance sheet on hand is important if you decide to apply for a loan or shop around credit lines.
"It is important for a customer to have their financials up to date to allow them to act quickly when an opportunity presents itself. As a lender, when a customer is able to provide complete and accurate financials in a timely manner, it greatly improves the speed of the loan process."
- TJ Wilson, Director of Sales for FBN® Finance
Applying for a loan can sometimes feel like a daunting process, but the loan advisor team at FBN Finance is here to help.
With an average of 15+ years each in Ag finance experience, FBN loan advisors are available to talk you through all facets of the real estate loan process, discuss any questions or concerns you may have and make sure you get the solution that best fits the unique needs of your Ag operation.
Click here, complete the brief form below, or call 866-619-3080 to get started.
Fill out the form at the bottom of this page to get your free copy of the Balance Sheet Template.
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Financing offered by FBN Finance, LLC and its lending partners. Terms and conditions apply. To qualify, a borrower must be a member of Farmer’s Business Network, Inc. and meet all underwriting requirements. Interest rates and fees will vary depending on your individual situation. Not all applicants will qualify.
The material provided is for information purposes only. It is not intended to be a substitute for specific professional advice. Neither Farmer’s Business Network nor any of its affiliates makes any representations or warranties, express or implied, as to the accuracy or completeness of the statements or any information contained in the material and any liability therefore is expressly disclaimed.