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10-K - INTERNATIONAL BALER CORPibal10k12513.htm
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EX-32.2 - CERTIFICATION - INTERNATIONAL BALER CORPex322.htm
EX-31.2 - I, WILLIAM E. NIELSEN, CERTIFY THAT: - INTERNATIONAL BALER CORPex312.htm
EX-32.1 - CERTIFICATION - INTERNATIONAL BALER CORPex321.htm
EX-31.1 - I, ROGER GRIFFIN, CERTIFY THAT: - INTERNATIONAL BALER CORPex311.htm
EXCEL - IDEA: XBRL DOCUMENT - INTERNATIONAL BALER CORPFinancial_Report.xls
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v2.4.0.6
Subsequent Events
12 Months Ended
Oct. 31, 2012
Subsequent Events [Abstract]  
Subsequent Events

(11) Subsequent Events

In January 2013, the Company entered into a line of credit agreement with First Merchants Bank of Muncie, Indiana. The line of credit allows the company to borrow up to $1,650,000 at an interest rate equal to the sum of the LIBOR Rate applicable to each interest period plus 2.24%. The line of credit is secured by all assets of the Company and has a term of two years.