The FBN® Finance team is a group of experienced financial advisors dedicated to ag financing and who are always here to help you maximize your profit potential.
Caleb Miller is a Senior Loan Advisor on the team with over 10 years of lending experience, and 7 years of that experience is in ag lending. Caleb is based in Wayland, Iowa where he runs an independent farrow-to-finish, hog and row crop operation. In his spare time, he enjoys hunting, fishing, farming and the outdoors.
Since many of our advisors are producers themselves, we wanted to share with you their secrets and tips. Here is what Caleb wanted to share on how to properly manage cash flow and this is what he told us: “Managing cash flow is one of the most important factors in a successful operation. Increasing and maintaining healthy working capital allows a farm to not only withstand downturns in the farm economy as a whole, but also make it through lean years on an individual farm level.
Working capital allows farmers to take advantage of opportunities, which can have a compounding effect. Investing in opportunities such as efficiencies, technology, and land improvements will then return more cash to the operation.”
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 loan process, discuss any questions or concerns you may have and help make sure you find the solution that best fits the unique needs of your ag operation.
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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.