Normally any lender, such as a bank, that you approach for funding for your new business will want to see that you have invested some money in the project yourself.
If you are starting from scratch as an organic farmer, this may be in the form of:
- selling an existing house and/or business to finance at least some of the purchase price of a new property
- committing a lump sum that you expect to receive - for example, repayment of pension contributions on leaving employment
- the sale of a non-business asset
If you already own your farm and are in the process of converting it to organic, this may be income received from traditional farming (either before or during conversion).
Enter in the cash flow the amount of money you will put into the business, in the months when you'll need it or expect to receive it.