FINANCIAL PARTNER is for the customers, employees and friends of Farm Credit East. Farm Credit East is a farmer-owned lending cooperative serving the farm, commercial fishing and forest products businesses in Maine, New Hampshire, Massachusetts, Connecticut, Rhode Island, New York and New Jersey. Part of the national Farm Credit System, Farm Credit East is a fullservice lender dedicated to the growth and prosperity of agriculture.
Farm Credit East 240 South Road Enfield, CT 06082-4451 Address Service Requested
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FarmStart® Continues to Invest in the Future of Northeast Agriculture NEW YORK DAIRY FARMER RECEIVES THE PROGRAM’S 175TH INVESTMENT William Vincent, owner of Brookby Dairy LLC in Dover Plains, N.Y., comes from a sixth generation family farm, and after graduating from college returned home to take over the farm which had been inactive for close to 30 years. Two years into running the farm, Will had the opportunity to expand on 750-acres of leased land, but didn’t have the necessary capital. “Since I’m just getting started, it was hard to find a lender that believed in me enough to invest in my new business,” said Will. “FarmStart provided the capital I needed to get my feet on the ground and is enabling me to expand and diversify the farm. And my FarmStart advisor is beneficial in helping me to understand what I need to keep track of accounting-wise.” “We initiated this unique program ten years ago to give new entrants into agriculture a healthy start,” said Lynn Weaver, FarmStart program manager. “With each FarmStart application, it’s inspiring to view the fresh ideas and passion of these new producers. I look forward to the future of Northeast agriculture, commercial fishing and forest products.” FarmStart invests up to $75,000 in working capital to help beginning Northeast farm businesses and cooperatives become operational. A FarmStart advisor works with participants to help the new businesses stay on track in achieving their business objectives. For more information: FarmCreditEast.com/FarmStart
FarmStart advisor John Kelder with William Vincent, owner of Brookby Dairy, LLC in Dover Plains, N.Y.