A Wisconsin banker confirms that some ag customers are having difficulty getting operating loans.
Jeff Wilke with Denmark State Bank in Denmark, Wisconsin says lenders and creditors have tightened up their underwriting because of the state of the ag industry and the low commodity prices, and he tells Brownfield it’s hard, but he’s said no to borrowers a few times this year. “Yeah, we have. We have, but with that, we always try to give them some options to think about, even though we wouldn’t maybe be able to help them.
Continue reading Ag credit crunch: More lenders are saying no at Brownfield Ag News.
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