Dairy Financial Consultation for the Banking Industry

Abstract

In the area our practice services it is a common belief among the dairy community that lenders are no longer interested in making loans to dairy operations. This is not entirely accurate. Volatile milk prices coupled with non-inflating asset values have resulted in much more conservative lending practices. In the past, it was not uncommon to find lenders who routinely approached prospective clients about borrowing money. In fact many would generate much of the documentation required to meet loan approval. This attitude has changed.