2018

When a person thinks of all the things that make up a farmer's job, typically they think of plowing, planting, watering and harvesting. Although these make up the basics of the farm operating cycle, there are many other issues that also occupy the farmer's mind. One of the most critical and often stressful of these issues is borrowing money to finance the farm. Although each category can be further customized in a variety of different ways, farm loans can be divided into three basic categories, land and real estate loans, capital investment loans and operating lines of credit.

If you are starting up a small business, you are going to want to set-up a business banking account, not a personal account, for your business. A commercial banking account is a little different than a personal banking account. #1 Pay Attention to Fees First, you need to pay attention to fees. With a business banking account, there is a good chance that fees may be attached to the bank account. Some banks will offer you a fee-free account for a set number of months.