Case Study

American AgCredit

American AgCredit

Pages 2 Pages

American AgCredit is a borrower-owned nancial institution whose primary mission is to provide loans and related services to eligible individuals and entities in the U.S. agricultural industry. Part of the nationwide Farm Credit System, American AgCredit has approximately $10 billion of owned and serviced assets in California, Nevada, Oklahoma, and Kansas. Several years ago, AgCredit used a semi-customized application to generate its loan documentation. However, the application didn't allow for production of dynamic documents and was built on an aging platform. In the midst of a company growth spurt, AgCredit realized it needed to upgrade its document production technology and started the process of selecting a new loan documentation tool. "We had just completed back-to-back mergers and ne

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