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>TREND TO LENDING: Dealerships, manufacturers, and input suppliers — specialists in farmer loans of under 50, 000 dollar — are capturing market share away from traditional lenders
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TREND TO LENDING: Dealerships, manufacturers, and input suppliers — specialists in farmer loans of under 50, 000 dollar — are capturing market share away from traditional lenders
AS farmers shop for supplies they need for spring planting — everything from equipment to seed to crop protection chemicals and fertilizer — they're finding more often than not that a package deal of products and manufacturer or dealer financing isthe norm. For farmers, it's one-stop-shopping convenience — often with finance rates equal to or better than Bred International, and GROW-MARK — have financing programs in place," he says. "Some have seen the volume of their financing double, triple, quadruple, or increase five times in five years."
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