Fi­nance guid­ance for young

The Northern Star - Northern New South Wales Rural Weekly - - News -

A FREE work­shop to guide young peo­ple en­ter­ing the agri­cul­ture sec­tor on how to ac­cess the nec­es­sary fi­nance will be held in Lis­more this month.

The Get­ting Started – Bank Ready work­shop will be hosted by the Young Farmer Busi­ness Project, a joint ini­tia­tive be­tween the NSW Depart­ment of Pri­mary In­dus­try (DPI) and NSW Farm­ers.

It is de­signed to in­form young farm­ers how to be pre­pared when ac­cess­ing fi­nance to en­ter or ex­pand an agri­cul­tural busi­ness.

“It can be dif­fi­cult for young peo­ple to nav­i­gate the many busi­ness bar­ri­ers, so young farm­ers are en­cour­aged to at­tend the work­shops to gain valu­able in­sights to bet­ter un­der­stand banks and what they re­quire,” a spokesper­son said.

A guest speaker from a lo­cal agribusi­ness lender will dis­cuss bank­ing terms and lan­guage, how to make bet­ter fi­nan­cial de­ci­sions and how to de­velop a pos­i­tive re­la­tion­ship with fi­nan­cial lenders.

The work­shop is on Wed­nes­day, July 19, at the Lis­more Worker’s Club from 6–9pm.

To reg­is­ter con­tact Mia Mackay on 0409 831 736 or mia.mackay@dpi.nsw.gov.au.

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