One farmland financing strategy is to borrow money from family, friends, or community funding groups. This can be a great alternative (or addition) to a traditional bank loan. However, don’t skimp on the details if you want to preserve good relationships and build legal resilience. A promissory note is the way to do this! We have a totally helpful resource to help you do this. Check out our Promissory Note Toolbox (37pgs.), which provides the legal tools you need to create your very own promissory note, including a checklist, a model promissory note, and a story to illustrate its utility.
Have you read our resources on legal actions and appeals around the federal funding freeze? Do you think you’ll move forward with an appeal? Is there more support you need around the process? Share your thoughts with us! Your contributions will help ensure we’re putting effort toward the issues that matter most to you.