Cape Fear Farm Credit announces 9th annual Ag Biz Planner

FAYETTEVILLE — Cape Fear Farm Credit is now accepting applications for the ninth class to participate in an e-learning financial and business planning course. The Ag Biz Planner curriculum includes financial and business planning, budgeting and other money matters essential to a farm’s success.

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.

Farm Credit’s e-learning program targets young, beginning, small, and minority farmers throughout the state. Participants will be 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 participant will have completed a business plan for their operation by the conclusion of the class.

“The Ag Biz course is a great opportunity for farmers to learn more about how to plan for success in their business and work smart for a better future.” Josh Alost, a 2016 Ag Biz Planner Mentor

Cape Fear Farm Credit will accept up to five participants for the program which will begin in Sept. 2017 and run through Jan. 2018. Applications, a course outline, and program information are available at Applications will be accepted through July 31. Individuals selected for the program will be notified after Aug. 11. The course will conclude with a group conference in Raleigh Jan. 10-11, 2018.