Cape Fear Farm Credit announces 11th annual Ag Biz program

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FAYETTEVILLE — Cape Fear Farm Credit is now accepting applications for the 11th class to participate in e-learning financial and business planning courses. The Ag Biz Basic and Ag Biz Planner curriculums include financial and business planning, budgeting and other money matters essential to a farm’s success. The Ag Biz Basic is a four-module online course and the Ag Biz Planner is a 10-module online course.

Cape Fear Farm Credit is offering the Farm Credit University online program in conjunction with the Farm Credit Associations in North Carolina and Virginia including: AgCarolina Farm Credit, Carolina Farm Credit, Farm Credit of the Virginias and Colonial Farm Credit. Participants will have the opportunity to interact and benchmark with producers from the other associations throughout the program and network at a conference at the conclusion of the program in Raleigh.

Farm Credit’s e-learning program targets young, beginning, small and minority farmers throughout the state. Participants are assigned a Cape Fear Farm Credit loan officer to serve as their mentor throughout the course. Highlights of the program include modules that cover business and personal financial planning, understanding income statements, cash flow and the smart use of credit on the farm. Each Ag Biz Planner participant will have completed a business plan for their operation by the conclusion of the class.

The program will begin in September and run through January 2020. The application, course outlines, and program information is available www.capefearfc.com/agbiz-courses. Applications will be accepted through Aug. 16.

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