Growing in the New Season: Custom Financial Structures with Trent Cossey

Back to Your Roots

Discover the fine print details of renewal season as we sit down with Trent Cossey from River Valley AgCredit, a man whose roots run as deep as the crops he finances. From childhood days on a hobby farm to becoming a pivotal relationship manager, Trent's journey is a testament to the significance of tailored agricultural lending. We peel back the layers of the loan renewal process, an annual financial health check for farmers, revealing how detailed information and an understanding of the ag economy's shifts can lead to custom financial solutions that keep our farmers thriving.
Venture into the complexities of operating lines of credit with us, where flexibility meets the practical needs of planting and harvest seasons. Trent takes us on a tour through the differences between non-revolving and revolving lines of credit, demystifying the terms that shape the backbone of farm financing. We discuss the importance of open communication between lenders and farmers, and how strategic use of collateral ranging from real estate to crops ensures these loans are a firm foundation rather than a fleeting aid.
In a candid final chapter, we analyze the structure behind extending credit to those who feed nations. With Trent's expert guidance, we unpack the strategies for setting credit limits and the art of balancing a borrower's needs with fiscal responsibility. Learn how lenders adjust credit lines in response to changes in operations, ensuring farmers have the means to grow, rather than being stifled by an ill-fitting financial harness. Join us for a conversation that is rich with insights and brimming with the know-how to sustain the future of agriculture.

챕터

1. Growing in the New Season: Custom Financial Structures with Trent Cossey (00:00:00)

2. Farming Financing Renewal Season Insights (00:00:08)

3. Agricultural Loan Renewal and Market Planning (00:06:16)

4. Types of Operating Lines of Credit (00:13:42)

5. Utilizing Collateral for Agricultural Loans (00:21:24)

6. Analyzing and Structuring Operating Lines (00:28:35)