Growers Edge releases crop input financing platform​

Date:11-08-2022

Growers Edge unveiled an all-new feature for the company’s fully-digital Input Financing platform. Growers Edge’s Partner Portal is a simple, fast portal that provides a single location to view, approve, manage and fund a customer’s crop input loans. The feature is included in the company’s comprehensive input financing platform that helps ag retailers deliver custom-branded financing programs to their customers via their website or embedded in their internal ERP platform.

″As ag retailers face more and more challenges like a shrinking workforce and increased competition, we believe the efficiencies and speed our Input Financing platform offers retailers can transform their business and improve customer retention,″ said Hollie Bunn, Executive Vice President of Lending Operations at Growers Edge. ″We know transitioning to a digital environment is challenging, and we aim to make that simple for ag.″

The Partner Portal uses Growers Edge technology and data analytics to power a custom-branded input financing program and portal. Partner Portal is uniquely designed to address the challenges of ag retailer finance managers, including:

• A streamlined experience for an ag retailer’s finance team to securely manage their loan portfolio, loan submission and loan funding processes in real time.
  

• A simple four-step process that guides retailers step-by-step through the loan approval process.
  

• A simplified funding request process that digitizes and speeds payment between the retailer and customer for seed, fertilizer, chemicals and other services.
  

″This new resource is yet another example of Growers Edge’s ability to bring new solutions to life quickly and seamlessly,″ said Dan Cosgrove, CEO of Growers Edge. ″Whether the retailer uses our financing platform as a stand-alone product or integrates the platform within their internal ERP, we’re poised to make an impact on reimagining the ag financing experience for the retailer and their customer.″

In 2021, Growers Edge launched a fully customizable financing platform for ag retailers and input manufacturers. The platform is powered by a streamlined underwriting scorecard and software that empower partners of any size to offer, process and manage input financing quickly and efficiently under their own name and brand. Partners can use the software as a service, or work with the company to deploy a fully funded offering embedded on their corporate website or through their internal ERP for their customers in weeks, not months.