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Optimizing Your Credit Options for 2018

first_img Optimizing Your Credit Options for 2018As growers consider their production plans for 2018, credit and financing options will play a big role in those operating plans. Doug Cox, with Farm Credit Mid-America, says there are steps that growers can take to optimize their credit and make a plan for 2018 that fits the needs of their operations. One thing Cox recommends is paying down your line or credit as quickly as possible, “An operating line is intended to be short term. Paying down or paying off those operating lines as soon as possible will not only lesson the amount of interest they have to pay, but will improve their credit picture by getting debt off their books.”Cox recommends that operating credit plans need to be customized to fit a producer’s operations, “For example, if you don’t sell your product until November, then your note should not be due in October.” He added that these loans are not one size fits all but can and should be set up to best fit a particular operation.Cox also urged growers to not be afraid of operating lines of credit, “In more profitable times, some farmers prided themselves on not needing these tools. But in these more challenging economic times, they may need to consider doing things differently.” He added always talk with your lender to identify credit options that are the best fit for your operation.Farm Credit Mid-America has on-line resources to help in this area. You can find them at e-farmcredit.com. Optimizing Your Credit Options for 2018 SHARE Facebook Twitter By Gary Truitt – Oct 17, 2017 SHARE Home Indiana Agriculture News Optimizing Your Credit Options for 2018 Facebook Twitter Previous articleEPA Ending “Sue and Settle”Next articleRyan Martin’s Indiana Ag Forecast for October 18, 2017 Gary Truittlast_img read more

Jobs boost for Limerick with new furniture store opening

first_imgLinkedin Danish furniture retailer Jysk has announced plans to open a shop in Limerick in March 2020.Jysk opened its first Irish store in Naas, Co Kildare last April followed by outlets in Drogheda, Navan, Portlaoise and Youghal.Sign up for the weekly Limerick Post newsletter Sign Up Next Summer further stores will open in Carlow, Dublin, Sligo and Cork City.instagram.com/jysk.ie“Our goal is to establish new Jysk locations in towns and cities all over Ireland, so we can contribute to the local economy, especially in smaller communities where our job creation will be extremely valuable,” said Jysk Ireland country manager Roni Tuominen.Jysk is expected to have 10 full-time staff on average. LimerickNewsJobs boost for Limerick with new furniture store openingBy Meghann Scully – January 7, 2020 1816 RELATED ARTICLESMORE FROM AUTHOR Facebook Limerick’s National Camogie League double header to be streamed live WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads WhatsApp Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Emailcenter_img Previous articleGo on a virtual run with Ciara to help Children’s Grief CentreNext articleThe Breakdown EP126 Munster’s Worrying Slide Runs Into Crucial European Week Meghann Scully Advertisement TAGSJyskKeeping Limerick PostedlimerickLimerick Post Twitter Print Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Limerick Ladies National Football League opener to be streamed live Donal Ryan names Limerick Ladies Football team for League openerlast_img read more