Our client is a successful beef farmer in the southwest, who managed to secure additional feedstock at a very good price. As a result of, the client sought to increase their herd to take advantage of the excess feedstock.
The client was adding to an existing herd and had a proven track record track record of profitability in the business. As such, we were able to move quickly and approve the loan within two weeks of the initial request. The client subsequently became a repeat customer as they sought to further increase the herd size.