Agriculture

agriculture

 

The agricultural sector provides about 11% of US employment and contributes $1.053 trillion to the nation’s gross domestic product. The agricultural sector includes industries such as farming, fishing, forestry, food, beverage, and tobacco production, as well as many others. Industrial agriculture is foundational to every country’s economic success. However, any owner in the industry knows it is also full of financial challenges that include costs such as:

 

  • Purchasing equipment and tools 
  • Repairs and maintenance
  • Water and irrigation systems
  • Seed for crops
  • Livestock
  • Payroll

 

With the average cost of a tractor ranging anywhere from $25,000 to $50,000, it’s easy to see why many owners in this industry need assistance in managing operational costs.  Opportunity Business Loans can help you find the best deal when it comes to financing your agricultural business. Secure your loan without the hassle of visiting multiple banks and lenders. With just one quick application, you can get connected to a large network of lenders who can provide you with the funding you need to successfully grow and operate your agricultural business

 

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