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How a HedgeLender stock-secured loan helped a farm meet his business and financial objectives
Michael Irely Lance was a sheepherder near Watagon Mountain in New South Wales, Australia. A grizzled veteran of several bitter “sheep wars” with other farmers and with imports for a variety of products, a man who weathered subsidies and drought and poor support from his own government from time to time, he had stayed the course for almost 40 years because of a love of the land. His former friends and neighbors had long since left their farms around him for steadier work in Sydney, or Brisbane, or Melbourne, even if that meant a loss of freedom and all the headaches of urban life. But for “Iron Mike” Lance, famous for dogged determination, bone-jarring rugby hits in college, and profound focus – leaving the farm could never be an option. Read More »
