Why revolving credit will work for your agribusiness

If you had just a few more hours each day, you’d probably be able to run your farm even more smoothly than you do now. While the 35-hour day might only exist in your imagination, with the help of revolving credit, you’ll be able to squeeze a bit more out of the 24 hours you have.

Revolving credit puts the cash flow you need right at your fingertips. You can access it and pay it back when it’s convenient and best of all, you don’t need to re-apply.

Here’s a few of the things you won’t need to do once you have a revolving loan:

  • Manage financing agreements 

    Paperwork has a tendency to take some time, and a loan application’s no different. With revolving credit, you complete your application once and then you’re set – you can access that capital over and over again with no need to re-apply.

  • Deal with delays 

    In business, time is money. You don’t want to get stuck with delays waiting for a loan application to go through. Opportunity appears sometimes without much warning, and revolving credit can help make your agribusiness nimble enough to take advantage of it.

  • Wonder whether or not you’ll qualify  

    Once you’re pre-approved for your revolving loan, you know exactly how much money you can access. When you’re in the market for an acquisition or an improvement you have a good idea of your budget the moment you start shopping.