Posted 9/23/2022 11:34 (#9857754) Subject: Selling future earnings at a discount.
nc ks
I have just become aware that apparently a farmer can sell his future earnings at a discount to a financial institution. Why would you do that and not get a traditional loan from a local bank? Wouldn't the cut the institution gets be higher on a deal like that vs. a traditional loan?
Selling future earnings at a discount.
