Farm Financial Management and Financing Resources

Successfully accessing appropriate capital to grow or sustain your farm business takes focus and dedication. Below, you will find resources on farm financing solutions that will help you develop the skills and understand the steps needed to analyze, assess, prepare for, and manage farm financial risk. Before you dive into the resources below, take a look at these general rules of thumb for raising capitalResource topics on this page include:

Learning From Others   Financial Terminology

 Becoming “Finance Ready”

 Determining Appropriate Financing for Your Business  

 Financing Sources for Farms    

Learning From Others [who successfully used capital to advance their farm businesses]

   

   

These videos introduce several local farm financiers - check out additional financing resources in the Financing Sources for Farms section below.

More Resources to Learn From Others:

High Mowing Organics Seeds Case Study on convertible debt

Bread and Butter Farm Case Study on a complex land purchase

Liz Lovely Case Study on royalty financing

The Carrot Project’s Making It Happen: Profitability and Success case studies

CISA’s Farm Business Decision Making – Lessons from Farm Owners

UVM Extension’s Guide to Financing the Community Supported Farm

National Farm to School Network's Partnering with Farm Credit fact sheet (case studies at end)

Financial Terminology

CISA’s Financial Management 101: Financial Statements

Penn State Extension’s Financial and Economic Terms

Penn State Extension’s Calculating the “Sweet 16” Farm Financial Measures

Julia Shanks Food Consulting Glossary of Business Terms

Investopedia

BusinessDictionary.com

VC Experts Glossary

The CDVCA Equity & Near Equity Investment Primer

 

Becoming “Finance-Ready”: record keeping, communicating with lenders, credit scores

Webinar on Capturing and Organizing Farm Data with Chris Blanchard

The Carrot Project's Farm Financial Calendar Tool

Webinar on how to use The Carrot Project's Farm Financial Calendar Tool

New Entry’s Guide to Applying for an FSA Loan

Julia Shanks Food Consulting Video Tutorials & Webinars

CISA’s Financial Management 101: Tips on Receiving a Loan

UC Davis Small Farm Program: How to Finance a Small Farm

NH Ag Financiers working group’s Become a Prepared Borrower

Farm Credit East’s Harvesting a Profit webinar series

NH Community Loan Fund’s Business Skills Assessment

The Small-Business Guide to Getting the Cash You Need

Richard Wiswall’s The Organic Farmer’s Business Handbook: A Complete Guide to Managing Finances, Crops, and Staff – and Making a Profit

MOSESFearless Farm Finances

Massachusetts Small Business Development Center Network

New Hampshire Small Business Development Centers

Managing Your Credit Score

How my FICO Scores are calculated

How Lenders Use FICO Scores

Wells Fargo Credit Management education page

How to repair my credit and improve my FICO Scores

 

Determining Appropriate Financing for Your Business

The Many Flavors of Crowd Funding

New Hampshire Community Loan Fund’s Capital Compass

Finding the Right Capital Match by John Hamilton

Julia Shanks Food Consulting Debt Service Calculator

Penn State Extension’s Ag Cost of Capital Calculator

CISA’s Financial Management 101: Raising Capital

UVM Extension’s Guide to Financing the Community Supported Farm

Elizabeth Ü’s Raising Dough: the Complete Guide to Financing a Socially Responsible Food Business

Angel Resource Institute resource center

 

Financing Sources for Farms

Grants

Massachusetts Department of Agricultural Resources grant programs

New Hamphsire Department of Agricultural Resources grant programs

Natural Resources Conservation Services MA Financial Assistance Programs

USDA Rural Development Programs and Services for Businesses

USDA Agricultural Marketing Service Organic Certification Cost Share Program

Northeast SARE Farmer Grants

Rodale Institute’s Your 2 Cents grant fund

Food Animal Concerns Trust Fund-A-Farmer Project

Beekman Mortgage Lifter Small Farm Grants

Loans

The Carrot Project

Sprout Lenders

USDA Farm Service Agency Farm Loan Programs

Farm Credit East

Farm Credit East’s Farm Start Program

PVGrows Investment Fund

Common Capital

NH Community Loan Fund’s Farm Food Initiative

Coastal Enterprises Inc Business Loan Financing

Massachusetts Growth Capital Corporation’s list of Micro Lenders in MA by Region

Accion loans

Washington Savings Bank Business Loans