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What determines the terms or method of repayment?

April 26, 2017method repayment terms

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What determines the terms or method of repayment?

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Essentially, repayment terms are determined by the nature of the loan, its purpose and the repayment capacity of the borrower. Repayments may be set up to coincide with the marketing of crops or livestock. They also may be paid in installments from farm operations or non-agricultural sources.