Technology & Precision Agriculture
Technology Loan Application Checklist
A checklist for applying for a loan to buy farm technology, helping borrowers gather records and questions for a lender. Print a copy, check off each item as you complete it, and keep the sheet with your records.
ChecklistTechnology & Precision AgricultureFree PDF
What is on this checklist
- Purpose of the loan stated
- Equipment quotes gathered
- Financial statements prepared
- Tax returns on hand
- Business plan or summary ready
- Collateral list prepared
- Lender options compared
- Application forms reviewed
- Questions listed for the lender
How to use this checklist
Work down the list in the same order each time so nothing gets skipped. Anything marked FIX should be handled before the job starts and written down.
Where to check the details
This sheet is a general template, so confirm specifics with your own manuals, labels and local rules. For current official guidance, start with FSA Farm Loans and Farmers.gov Loans.
For more in this area, see the farm equipment repair advice. Between chores, farm.FM has farm humor, including Farm Loan Calculator Adds New Button: “Apologize to Your Children”, and farming farm stories.