[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-303136-105":53,"doc-detail-303136-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","creative-financing-for-agricultural-businesses-1","Creative Financing for Agricultural Businesses - 1","","Creative financing for agricultural businesses focuses on strengthening financial fitness through credit improvement, disciplined use of business banking and billing automation, and clear guidance on income timing and tax implications. It outlines a practical approach to financial statements with monthly profit-and-loss updates, annual balance sheet and cash-flow budgeting, and ongoing statement reviews. The content also covers tax filing basics, defining financial capital, distinguishing fixed vs. working capital, and mapping short-, medium-, and long-term capital terms alongside conventional and unconventional debt sources.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":51,"@type":70,"position":76},"https://docshare.wps.com/template/general/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/creative-financing-for-agricultural-businesses-1/303136/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/creative-financing-for-agricultural-businesses-1/303136.png","ImageObject",442,249,{"name":88,"@type":89},"Arica Lee","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-23","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":76},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"How should a farm business improve its financial fitness and credit score?","Question",{"text":108,"@type":109},"Order a free credit report, identify inaccuracies and problem areas, and raise your score by using small term loans, managing 1–2 credit cards, paying all bills on time with automation, and closing store cards.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What are the recommended schedules for financial statements?",{"text":113,"@type":109},"Update the Profit & Loss monthly. Complete the Balance Sheet once a year during the same period each year (e.g., 7th of January). Prepare the Cash Flow Budget once a year right before the new year or fiscal year.",{"name":115,"@type":106,"acceptedAnswer":116},"What types of debt financing are discussed for agricultural businesses?",{"text":117,"@type":109},"Conventional sources include financing with short-term credit cards or operating loans, medium-term bank/USDA/SBA loans and lines of credit, and long-term mortgages and refinancing. Unconventional options include owner loans, friends and family loans, USDA loans for specific initiatives, owner-financing, and loan-based crowdfunding platforms, plus convertible debt.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},303136,1789800041,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":50,"category_name":51,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":76,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":125,"read_time":140},8796096645457,"https://ap-avatar.wpscdn.com/avatar/800003749518d68ffe3?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779345340919836971","Cultivating Capital & Financial  \nFitness  \nBy Rebecca Thistlethwaite, Author Farms With a Future & The New Livestock Farmer  \n1st Things First: Financial  \nFitness  \n• Order a free credit report from [www.annualcreditreport.com](www.annualcreditreport.com)  \n• Look for inaccuracies & problem areas  \n• Work on raising your score by:  \n– Getting a small term loan (auto)  \n– Opening & managing 1-2 credit cards  \n– Paying all bills on time, automate bill payments  \n– Closing store cards  \nMore Financial Fitness  \n• Open bank account in business name  \n• Don’t use business account for personal expenses  \n• If you want to pay yourself, you can either: 1) wait till the end of the year & draw from any net profits you realized, or 2) put yourself on payroll, or 3) take a regular ‘owners draw’from gross profits to deposit into your personal account. They all have different tax implications. Ask an accountant what will make most sense for you.  \nFinancial Statements  \n• Profit & Loss (Income Statement) should be updated monthly  \n• Balance Sheet (Shows net worth & biz equity) should be completed 1 x a year, at the same time of year (i.e. 7th of each January)  \n• Cash Flow Budget should be completed 1 x a year right before new year (or fiscal year)  \n• Ideally, compare your monthly P & L with your budget to see where cost overruns or income shortfalls might lie. Work on problem areas immediately, don’t wait.  \n• Review your monthly bank and credit card statements to look for inaccuracies  \nTaxes  \n• Start filing taxes as soon as you start a business. Schedule F is farm tax form, Schedule C is small business tax form for sole proprietorships  \n• Don’t over exaggerate your business expenses just to get a bigger tax refund. This will come back to bite you if you ever want to get a loan, find investors, or sell the business  \n• A smart way to reduce year-end tax burden is make investments for future years  \nWhat is Capital?  \nFinancial-the financial resources available to invest in a business  \nSocial -collective value of all social networks  \nsocial networks have VALUE  \nTypes of Financial Capital  \nFixed/Asset Capital - $ for assets that will remain permanently with the business to help it earn income. Ex- land, buildings, greenhouses, processing plant, feed mill  \nWorking/Operating Capital -money used for running the business day to day. Ex-seed, fertilizer, fuel, utilities, labor, packaging  \nTerms of Financial Capital  \nShort term (12 months or less)– 1 yr. operating loans, CSA payments, credit cards, deposits, contracts, off-farm income  \nMedium term (1-7 years)– term loans, leasing, lines of credit  \nLong term (7-30 years)– mortgage, retirement accounts, equity investments  \nConventional Sources of Debt  \nFinancing  \nShort-term: credit cards, operating loan, extended repayment terms  \nMedium-term: bank loan, USDA loan, SBA loan, line of credit  \nLong-term: mortgage, refinance, USDA farm purchase loan  \nUnconventional Debt Financing  \nOwner loans (partnerships, LLCs) IRA loan  \nFriends & family loans  \nUSDA loans (energy efficiency, renewables, crop storage, microloans)  \nOwner-financing  \nLoan-based [crowdfunders-prosper.com](crowdfunders-prosper.com), [lendingclub.com](lendingclub.com), [kiva.org](kiva.org)  \nConvertible Debt","cbCaisnzTMOfaVLB","https://ap.wps.com/l/cbCaisnzTMOfaVLB","pdf",1410848,24,"English","# Financial Fitness\n## First Steps: Credit and Scores\n## More Financial Fitness: Bank Accounts and Paying Yourself\n## Financial Statements and Reviews\n## Taxes Basics\n# Capital and Financing Framework\n## What Is Capital?\n## Types and Terms of Financial Capital\n## Conventional Sources of Debt\n## Unconventional Debt Financing","[{\"question\":\"How should a farm business improve its financial fitness and credit score?\",\"answer\":\"Order a free credit report, identify inaccuracies and problem areas, and raise your score by using small term loans, managing 1–2 credit cards, paying all bills on time with automation, and closing store cards.\"},{\"question\":\"What are the recommended schedules for financial statements?\",\"answer\":\"Update the Profit \\u0026 Loss monthly. Complete the Balance Sheet once a year during the same period each year (e.g., 7th of January). Prepare the Cash Flow Budget once a year right before the new year or fiscal year.\"},{\"question\":\"What types of debt financing are discussed for agricultural businesses?\",\"answer\":\"Conventional sources include financing with short-term credit cards or operating loans, medium-term bank/USDA/SBA loans and lines of credit, and long-term mortgages and refinancing. Unconventional options include owner loans, friends and family loans, USDA loans for specific initiatives, owner-financing, and loan-based crowdfunding platforms, plus convertible debt.\"}]","Creative Financing for Agricultural Businesses - 1 | PDF",8]