Try it now
ABLE PLATFORM

Agriculture Lending and Farm Financing Software

Our agricultural lending software that helps lenders streamline their lending process and improve their credit risk management for farmers and other agricultural businesses.

Download slides
Book a call

What banks achieve with ABLE lending software

Credit Risk Analytics for agricultural lending

ABLE Platform provides full access to the information banks need about farmers’ main asset – a field, soil, and weather. Use these insights to build powerful decision-making models and scorecards.

Loan Monitoring and Default Prevention

Combining predictive analytics and precision agriculture, banks may set up monitoring flows and events to prevent defaults. With the ABLE Platform, you may track farmers’ activities and help your borrowers to be profitable.

Cross-sale and Farm Monitoring

Get a 360-degree overview of your clients, and track their progress. Provide farmers with all necessary financial services remotely only when they need them.

ABLE agricultural lending software benefits

With ABLE Platform software, agricultural banks get a powerful yet simple tool for farm financing.

Fully Automated

Implement an entirely automated lending process: acquiring, underwriting, scoring, decisioning, and monitoring.

AI-powered

Adopt powerful AI for agricultural banks to make precise agronomic decisions based on real-time field insights.

Credit Scoring

Integrate data insights into your credit risk scoring platform and lower the risk of new financing.

Farm Analytics

Collect customer behavior analytics based on farm assets, practices, and performance.

Historical Data

Use historical data for improved scoring, data-driven decisions, and farm performance analysis.

Low-code

Create risk models and decision strategies without code. Change decision models and flows on the go.

Innovation in Farm Lending

Contact our team to book a demo of the agricultural lending platform or learn more about the lending software we offer.

Book a call
Download slides

The mix of top-notch solutions

Today, Big Data and ML/AI algorithms help to make better decisions. In the ABLE Platform, we combine actionable insights about fields based on satellite imagery and data-driven lending automation tools. 

Our platform is designed to provide lenders with risk-free onboarding of agri loans. Farmers get easy access to funding.

ABLE Platform
End-to-end lending software

Loan management software for private lenders and banks that enables end-to-end farming lending automation. Combines loan origination, monitoring, debt collection, and scoring modules that can be delivered on demand.

ProcessMIX
Decisioning tool powered with no-code

The system combines predictive analytics to convert field data into actionable insights. Farmers get a tool for farm management, banks get transparency with farming analytics. Designed for business users.

Agrivi
Farm management system powered by AI

Credit scoring and business rule management tool with the powerful low-code engine. Allows users to build a simple origination process and mature decision workflow, adjusting it on the go. 

Single solution – mutual benefits

Benefits for Banks

  • Data-driven scoring system

  • Risk control along all loan life cycle 

  • Upsell & cross-sell opportunities

  • Manual routine automation

Benefits for Farmers

  • Fully remote servicing

  • Free powerful farm management tool

  • Access to all financial services

  • Support during all farming season

Book a demo with our expert

Learn how ABLE Platform can boost your farm financing

Book a call

Frequently asked questions (FAQ)

For what purposes do the banks provide agricultural credit?

Agricultural credit is usually provided by banks for the complete value chain of activities such as production/crop loans i.e. inputs (seed, fertilizer, and pesticides, etc.), development loans (tractors and tube wells, agricultural machinery/equipment/implements, etc.), corporate farming, marketing, cold storage (godowns) on a farm and off-farm, silos, processing of crops (other than major crops), fruits and vegetables, grading, polishing, packing, transportation and exports of agricultural goods, etc. Agricultural credit is also available for the non-farm sector such as poultry, livestock, dairy farming, forestry and fisheries, apiculture, sericulture, floriculture, horticulture, etc.

What is agricultural finance?

Agricultural finance is a sectorial concept that comprises financial services for agricultural production, processing, and marketing. It includes short, medium, and long-term loans, leasing, savings, payment services, and crop and livestock insurance.

What are the risks of agricultural finance and mitigation strategies?

The relative size of the agriculture industry in the developing world, combined with projected growth estimates, makes this market an attractive opportunity for FIs looking to finance growth-oriented agricultural enterprises.

Perhaps the biggest barrier for FIs to overcome is the perceived high level of risk that the institution would need to take on as a result of building a new portfolio in the agricultural sector.

What risks banks will face while financing agri farming business?

The risks are not just concentrated at the producer level of the value chain as one might expect but are prevalent at all levels.

Input Suppliers’ risks: Quality, Availability, Infrastructure, Knowledge, Financing.

Producers’ risks: Production, Price, Organization, Financing, Institutional.

Transporters’ risks: Infrastructure, Quality control, Technology, Logistics, Temporary over-supply.

Processors’ risks: Technology, Regulatory, Environment, Finance, Stang, Product quality, Government policies.

Retailers’ risks: Infrastructure, Storage, Price, Lost production, and Government policies.

Managing agricultural financing risks

Working in rural areas is never an easy proposition. Vast geographic areas and low population densities, often scattered across hard-to-reach locations, result in higher operational costs for financial institutions. Organizations need to develop and implement a comprehensive and integrated strategy to offer sustainable financial services in rural areas. This strategy should include the design of effective risk assessment methodologies, the development of strategic collaboration with the technology company, and the creation of a cost-effective lending model.

What risk groups can farmers be placed into?

  • Low-risk farmers: Those with good crop diversification, multiple harvests per year, and access to irrigation, which enables them to generate regular monthly cash flows. They are usually commercially oriented with sizable production volumes that generate strong revenues and high repayment capacity. They possess good technical skill levels and have multiple buyers.
  • Medium-risk farmers: Those with some crop diversification, multiple harvests per year, and can pay at least the monthly interest on loans and the principal in lump sums two or three times a year. They tend to be commercially oriented with adequate crop production volume, which generates midsize revenues. They possess average to good technical skill levels.
  • High-risk farmers: Those who have low crop diversification, generate only seasonal income, and cannot pay interest or principal on a monthly basis, but can only pay lump sums at the end of the crop cycle. They generate small production volumes mostly directed to household consumption and small portions directed to the markets. They possess low to medium technical skill levels.

Types of loans ABLE Platform can automate

This is just a part of the farm loans banks can automate with ABLE Platform:

  • Crop Production Loans
  • Carryover Debt
  • Livestock Loans
  • Equipment Loans
  • and many more
Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from - Youtube
Vimeo
Consent to display content from - Vimeo
Google Maps
Consent to display content from - Google
Spotify
Consent to display content from - Spotify
Sound Cloud
Consent to display content from - Sound
Get in touch