Data-driven ag lending gives access to early indicators of crop production issues during the lending and growing cycle.
The data gathered ensures more certainty during the crop planning/loan distribution phase when
loan is most at risk.
Using historical satellite data helps ag lenders find the consistently higher-risk fields in a borrower’s planting plan. Then they can determine the risks in the producer’s field portfolio.
The borrower’s precision ag data, specific as applied data and satellite imagery is used to proactively monitor crop planting and health, enabling them to focus on at-risk fields.
The ag lending firm can also use the data to predict probability of repayment, for incremental advances, to verify collateral and to avoid a downgrade of classified assets.
Recent Comments