Cape Fear Farm Credit announces 11th Annual Ag Biz Program

Curriculums includes financial matters essential to a farm’s success

Cape Fear Farm Credit is now accepting applications for the eleventh class to participate in e-learning financial and business planning courses.  The Ag Biz Basic and Ag Biz Planner curriculums includes financial and business planning, budgeting and other money matters essential to a farm’s success. The Ag Biz Basic is a 4-module online course and the Ag Biz Planner is a 10-module online course.

Cape Fear Farm Credit is offering the Farm Credit University on-line program in conjunction with the Farm Credit Associations in North Carolina and Virginia including: AgCarolina Farm Credit, Carolina Farm Credit, Farm Credit of the Virginias and Colonial Farm Credit. Participants will have the opportunity to interact and benchmark with producers from the other associations throughout the program and network at a conference at the conclusion of the program in Raleigh, NC.

Farm Credit’s e-learning program targets young, beginning, small, and minority farmers throughout the state.  Participants are assigned a Cape Fear Farm Credit loan officer to serve as their mentor throughout the course.  Highlights of the program include modules that cover business and personal financial planning, understanding income statements, cash flow, and the smart use of credit on the farm.  Each Ag Biz Planner participant will have completed a business plan for their operation by the conclusion of the class.

 

 

“Without the AgBiz course and support from our Cape Fear mentor, we would have struggled to develop our business strategy for the coming years. After the Ag Biz Planner course, we’re confident in our plan, understand our expenses, and have a way forward that will aid in our generational transfer of the land.” –Chuck D., 2019 Ag Biz Planner Graduate

Cape Fear Farm Credit is now accepting applications for the program which will begin in September 2019 and run through January 2020.  The application, course outlines, and program information is available at https://www.capefearfc.com/agbiz-courses. Applications will be accepted through August 16, 2019. Individuals selected for the program will be notified after the application period closes.

About Cape Fear Farm Credit

Cape Fear Farm Credit is an agricultural lending cooperative owned by its member-borrowers.  It provides loans for land, equipment, livestock and production as well as rural home mortgages and rural living.  Cape Fear Farm Credit has branches serving Bladen, Brunswick, Columbus, Cumberland, Duplin, Harnett, Hoke, New Hanover, Pender, Robeson, Sampson, and Scotland counties.

For generations Farm Credit has been supporting rural communities and agriculture with reliable, consistent credit and financial services.

To locate a branch near you, visit www.capefearfc.com or call 1.800.368.5819