Alberta Agriculture is encouraging producers to make use of a three-part fact sheet on obtaining financing. Successful loan applications have many elements, said new-venture specialist Kathy Bosse.
“Asking for funding is not unlike a job interview,” she said. “Be prepared to address holes or weaknesses in your plan to show you also recognize obstacles but can over- come them. If you have the right information ready, it’s more likely you’ll get the funding you need.”
The fact sheet series — How Much Money Do I Need?; Where Can I Get Money? and How Do I Get Money? — can be found at agriculture.alberta.ca by searching for ‘funding your agricultural business’.