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<br /> <br /> <br /> <br /> <br /> <br /> chains must contract with their suppliers as much as five years in advance, in order to be assured <br /> of sufficient production. <br /> <br /> <br /> I have spoken to some market chains about the possibility of purchasing local products. <br /> They have assured me they would be interested in purchasing local products if they could be <br /> <br /> assured of ample quantity and quality to satisfy their customers needs. The question again returns <br /> to enabling the smaller potential producers to obtain financing to start an operation which could <br /> eventually supply the markets with their needs <br /> <br /> <br /> It is my belief that the markets would commit a percentage of tllCn purchases to suppliers <br /> within the state, if they were assured of consistent productivity This would lend creditability to <br /> the establishment of small farms, which would in the beginning be able to supply a small amount of <br /> <br /> the market's needs. It is my hope that with agreements between potential growers and potential <br /> buyers that the banking and financing industry could make hinds available to small beginning <br /> farmers. I would ask the financial institutions to research any possible way in which they could <br /> either underwrite or in some way furnish financing for these small operations. <br /> <br /> <br /> I realize there are numerous sources for financing but most of them have been based upon <br /> either past record or known expertise and ability to create different products. In many of the <br /> instances in which there needs to be some commitment, than has been no past history or record on <br /> <br /> which to base any projection, and the expertise for doing man} of those projects falls short of what <br /> might be considered necessary. In essence what I am asking is that the banking or tinaucial <br /> institutions look into the various methods of financing such as the Small Business Administration, <br /> <br /> the agricultural banking facility or to some instances, private capital willing to back such a <br /> venture. I world welcome any assistance or help that l might get from any financial institution <br /> which would help to bring about the creation of the programs that I will be presenting throughout <br /> this analytical projection. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> 5 <br />