Not likely.... That doesn't change the fact that any bank would want to know how you plan to pay the money back. The potential pool of buyers that would have the management skills to take on even a chunk of that land in one lump like that are few. Given the margins involved and the general risk in that business, I can't imagine a bank being too receptive... You'd almost have to buy it at a firesale price for the bank to even consider it.... for the simple reason that the bank might be doing the same thing one year from now. I believe the sale bill for that operation was at something over 36000 acres with grain storage totaling something like 1.3 million bushels. Tis just a wee little operation....
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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