***They are forced to update two generators (which are working perfectly fine) or he cannot get fuel delivered - another $4,000.00 needlessly.****
A friend of mine ran into this problem. He started a egg farm by borrowing money from his chicken supplier’s bank. He worked hard and paid it off.
The day he paid it off, the supplier (and bank owner) demanded upgrades before he would bring in new chickens. Back to the chicken supplier’s bank to borrow money.
He then worked hard and paid the loan off again. Then the supplier demanded more upgrades, so back to the bank.
If he went to a different bank for the loan the chicken supplier would have dropped him immediately as the supplier owned the bank.
After about 15 years of this cycle he sold out and has not raised a chicken since.
It’s just wrong. I was thinking of times when farmers minded their business, grew their crops and raised their animals and sold them at the market. They took care of everything because it was in their own best interest.
I am surprised your friend was able to sell his egg farm...guess the buyer didn’t know what he would be up against.