Benefits for Farm Bankers, Creditors, Accountants
and other financial services firms |
| Farm bankers, and other farm lenders, strive to assist farmers in achieving profitable farming operations, often by providing crop production loans, typically made prior to the planting and repaid after harvest.
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| Dynamic crop prices, politically-driven government programs and varying crop production expenses, challenge farm leaders in making crop production loans with the proper amount and timing for anticipated
production expenses. |
| Often there is a need to develop additional loan provisions to address unexpected expenses that can occur during the growing season, such as a disease outbreak or insect infestation. |
| The FieldPlan Calculator forecasts revenues, expenses and profits for each farm, detailed on 22 revenues and expenses items for each crop. Additionally, it
summarizes the financial information for each crop and then summarized all crops for the entire farm. |
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| True Economy or False Economy |
| In difficult financial times, farmers are tempted to reduce expenses by selecting lower-priced products, often sacrificing performance, thus resulting in false economy. |
| Cheap seed at planting can prove to
be a very expensive mistake at harvest. |
| The FieldPlan Calculator is an innovative means to ensure farmers give appropriate consideration to anticipated production products and services and make the best
choice found in the marketplace. |
| Using click-to hyperlinks, farmers are directed to appropriate websites, as they carefully plan their production expenses, seeking the most cost-effective products and services for their farm. |
| Farmers are able to print a copy of their farm financials and share appropriate information with their banker or other credit supplier to reach common understanding on anticipated revenues, expenses and profits,
as well as properly size and time the crop production loan. |
Optionally, they can select a sharing function and enable viewing of their FieldPlan online, thus providing a means of collaborating on the amount and timing of the crop production loan.
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