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CSU Extension News: 3R’s of Loan Renewal Webinar Series

The 3R’s of Loan Renewal webinar series is meant to assist farmers and ranchers in the development of balance sheets, income statements, and statement of cash flows. Producers will also learn how lenders evaluate your financial statements and use them in the renewal process. Participants will be introduced to several decision aids developed by the CSU Extension Ag Business Management Team that will assist them in preparing the documents necessary for completing the loan renewal process.

This 4 part webinar series consists of 3 “Virtual Owners Manual Sessions” that cover income statements, balance sheets, and statement of cash flows. These sessions will be pre-recorded, 30 minutes in length, and available after November 20th for you to view at your convenience. A final “Virtual Coffee Shop Session” will be offered live via Zoom on Tuesday, December 8th from 6:30 to 8:30pm. After completing the recorded sessions, we will meet live to answer questions, discuss options, and help develop a plan for loan renewal season.

To learn more about this program and to register please see the attached flyer. Be sure to pass the flyer along to others who may benefit.


Thanks,

R. Brent Young, Ph.D., Regional Extension Specialist, Agriculture & Business Management, Colorado State University Extension, Sterling Regional Engagement Center located at 304 Main Street in Sterling, CO 80751, 970-522-7207 office or 970-580-2204 cell or 970-491-4429 fax

By Brian Allmer - The BARN

Brian Allmer & the BARN are members of the National Association of Farm Broadcasting (NAFB), the Colorado FFA Foundation, the Colorado 4H Foundation, the Colorado Farm Show Marketing Committee, 1867 Club Board Member, Denver Ag & Livestock Club Member, the Weld County Fair Board, the Briggsdale FFA Advisory Council, Briggsdale 4H Club Beef Leader & Founder / Coordinator of the Briggsdale Classic Open Jackpot Show.