Case Study
Western AgCredit
Western AgCredit is a borrower-owned, nancial services cooperative that focuses on businesses within the agricultural industry, particularly in the states of Utah, Wyoming, Nevada, and Arizona. Several years ago, Western AgCredit employed a loan origination process that was both tedious and lengthy. Once a loan was approved, loan o cers were required to complete a long, multi-column, multi- page checklist to specify to the loan documentation department the necessary information and provisions for the loan. The problem was that each loan o cer had his/her own way of lling out the checklist, which led to a great deal of questions and back and forth veri cations between the loan documentation department and the o cer. Once the checklist was nalized, the loan documentation department then u