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Small private loans ******* Cornell Small Farms Program Serving small farms in NY and the Northeast In this section: Loans & Financing Getting Money for Your New Farm Enterprise By far, the most appropriate source of money for your new farm is your own cash – no loans, no home equity, no family loans, and no credit cards. Relying on loans substantially (or entirely) puts your farm dreams at too great a risk. It is worth the patience to build up your own farm start-up account. Many farms can easily begin operating with $5,000 cash. Set aside the personal cash you have available for your farm in a separate bank account called your “farm account.” Use this money judiciously for your start-up expenses. When you earn income from the sale of farm goods, replenish this farm account and continue buying what you can afford for your farm. Chances are, you will be more inspired and creative with your purchasing knowing you have to stretch those dollars. Once your products have a ...