Refinancing can be a useful tool for farms and ranches to improve cash flow, reducing debt payments that you are expected to make in the next year by extending the length over which a loan is repaid or reducing the interest rate on the loan. While refinancing improves cash flow, refinancing also impacts your balance sheet. Take a closer look at what changes you can expect to see on your balance sheet in Extension Educator and Agricultural Systems Economist Jessica Groskopf’s refinancing analysis.
Online Master of Science in Agronomy
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