Laney
Mod Squad
Posts: 1,738
|
Post by Laney on Jan 14, 2015 23:50:40 GMT -5
I know a large portion of it has been that work has been a horrible place for a year now but we haven't found him the way out yet. There isn't much around here for him and the bank already denied our loan for a skidder so he could get back to logging. Do you have farmer co-ops up there? Down here they do farm & agricultural loans because traditional banks won't loan money to farmers because generally all the collateral is at risk. I just wonder if a skidder wouldn't fall under agriculture and open you up for a loan through a farmer's co-op? Might give you another option.
|
|
|
Post by countrygrl112 on Jan 15, 2015 6:25:57 GMT -5
I know a large portion of it has been that work has been a horrible place for a year now but we haven't found him the way out yet. There isn't much around here for him and the bank already denied our loan for a skidder so he could get back to logging. Do you have farmer co-ops up there? Down here they do farm & agricultural loans because traditional banks won't loan money to farmers because generally all the collateral is at risk. I just wonder if a skidder wouldn't fall under agriculture and open you up for a loan through a farmer's co-op? Might give you another option. We have a farm credit but the only time they are open is when DH is working and DH can't hardly take time off right now without getting yelled at/threatened to have his truck taken away. Plus, he was going to work weekends only for now to build up the work needed but Saturdays are now required with his current employer. Hence, DH feels trapped.
|
|
Laney
Mod Squad
Posts: 1,738
|
Post by Laney on Jan 15, 2015 11:12:07 GMT -5
Do you have farmer co-ops up there? Down here they do farm & agricultural loans because traditional banks won't loan money to farmers because generally all the collateral is at risk. I just wonder if a skidder wouldn't fall under agriculture and open you up for a loan through a farmer's co-op? Might give you another option. We have a farm credit but the only time they are open is when DH is working and DH can't hardly take time off right now without getting yelled at/threatened to have his truck taken away. Plus, he was going to work weekends only for now to build up the work needed but Saturdays are now required with his current employer. Hence, DH feels trapped. I understand that! Dh has already been told with his new schedule they'll be no off days until mid Feb. ( he has been off 1 day since the 3rd and that is only because he had the flu). A couple of times we've been able to do our applications over the phone with "our" guy and then sign the papers at another time.
|
|