In this episode of the Agricoach Wealth & Wisdom Podcast, Ben welcomes Nick Davison from Legacy Livestock to shed light on the often-misunderstood subject of non-bank lending. With the traditional reliance on banks, many farmers overlook the potential of alternative finance options, which can be a real game-changer for agribusinesses.
Listeners will discover how non-bank lending, once thought to be the last resort for those in financial trouble, is now a strategic choice even for those with strong bank relationships.
Through compelling examples, Nick illustrates how top-tier producers can leverage alternative finance options to keep their operations running smoothly. From purchasing equipment at better rates to quick financing for livestock or land purchases, these strategies can help maintain cash flow and seize timely opportunities.
Join us as we uncover the benefits and applications of non-bank lending, showing how it can propel your agribusiness forward. Whether you’re curious about diversifying your financial toolkit or looking for practical advice on maximising your resources, this episode is packed with valuable knowledge tailored for the modern farmer.
To find out more this subject visit: www.legacylivestock.com.au
Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.
If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.