About This Course:
Gain an essential understanding of agricultural collateral, risk management, loan documentation, loan administration and loan monitoring. Experienced lenders will find the material covered to be a beneficial review, while less experienced bankers will benefit from a strong foundation in the OCC guidelines for safety and soundness in agricultural lending and their application in day-to-day loan monitoring.
What You'll Learn:- Risks of agricultural lending
- Common agricultural collateral
- Agricultural loan documentation
- The Food Security Act of 1985
- Agricultural financial statements
- Statutory liens on farm products
- Documents of title: warehouse receipts and bills of lading
- Dealing with warehoused farm products
- Commodity contracts
- Crop and livestock inspections
- Registered livestock
- Farming operations on leased or mortgaged property
- Crop and other insurance
- Federal farm programs
- Lending limits