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#052 - 5 Things Farmers Should Know About Structuring Debt

#052 - 5 Things Farmers Should Know About Structuring Debt

Published 6 days, 16 hours ago
Description

Grow your agribusiness with expert finance strategies, book a free consultation 👉 https://use.seasonedfinance.com.au/pod-ep52

As your farm business grows, the structure that got you here may not be the structure that gets you where you want to go. In this episode, Brecken breaks down how ownership, income, debt and succession all connect, and why reviewing your structure before a major move can save time, money and frustration.

◼️ How growth can expose weaknesses in your current structure

◼️ Why accountants, solicitors and brokers all need the same picture

◼️ How business structure impacts lending, succession and future expansion

Timestamps:

00:00:00 - Introduction

00:00:29 - Reviewing Your Current Farm Structure

00:00:50 - How Growth Changes the Right Structure

00:01:13 - Why Lenders Need a Clear Ownership Story

00:01:59 - Mapping Your Current Structure on One Page

00:02:34 - Aligning Accountants, Solicitors and Brokers

00:03:14 - Family Partnerships and Tax Considerations

00:03:42 - Why There Is No Universal Structure

00:03:58 - Structure, Succession and Liability Risks

00:04:38 - Why Structure and Lending Must Align

00:05:07 - Explaining Changes to Your Lender Early

00:05:54 - Succession as a Trigger for Structure Reviews

00:06:35 - The Right Advisors for Growth and Succession

00:06:45 - Expansion and Property Purchase Planning

00:07:00 - The Myth of a Magic Turnover Number

00:07:14 - Creating a Structure Review Rhythm

00:07:50 - Why Early Reviews Prevent Delays

00:08:13 - Final Takeaways on Farm Structures

00:08:47 - Finance Support and Next Steps

Follow Brecken Curtis:

Instagram: https://www.instagram.com/breckenfinancebroker/?hl=en

Facebook: https://www.facebook.com/people/Brecken-Curtis/61575665536876/

TikTok: https://www.tiktok.com/@brecken_curtis

LinkedIn: https://www.linkedin.com/in/brecken-curtis-8716323aa/

Seasoned Finance: https://seasonedfinance.com.au

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