Ä¢¹½Ö±²¥., the nation’s leading agribusiness cooperative, through its subsidiary Ä¢¹½Ö±²¥ Capital, and AgVend, the leading provider of digital enablement solutions for agribusiness, have deepened their collaboration to make producer financing programs digitally available within the AgVend platform. See more information about the Ä¢¹½Ö±²¥ and AgVend collaboration in the August 2024 announcement.
For ag retailers using the AgVend platform , this expansion enables their producer financing program underwritten by Ä¢¹½Ö±²¥ Capital to be visible and manageable within a single system. AgVend gives ag retailers a way to manage financing enrollments, view producers’ current loan positions, enable enhanced reporting and track utilization, all while being branded for the ag retailer.
“This offering demonstrates how Ä¢¹½Ö±²¥ Capital is evolving to meet our customers where they are digitally and operationally,” said Steve Englund, senior director, Ä¢¹½Ö±²¥ Capital. “We’re simplifying the process and enabling a cleaner, more consistent experience. We also see this as the building block for more features to come in the future with AgVend.”
This collaboration brings together trusted local service, integrated financing and simplified digital access. The capability makes it easier for ag retailers and their customers to manage their growing seasons with a single, connected, familiar experience.
“Ä¢¹½Ö±²¥ is bringing together product, technology and services to deliver integrated, customer-focused solutions,” said Mark Biedenfeld, vice president, customer success, Ä¢¹½Ö±²¥. “Our collaboration with AgVend gives ag retailers access to financing tools within the platform they already use, simplifying the experience for both ag retailers and the producers they serve.”
The solution is available to any ag retailer using AgVend, who has a financing program in place with Ä¢¹½Ö±²¥ Capital. Ä¢¹½Ö±²¥ Capital and AgVend teams are coordinating directly with each participating wholesale ag retailer to support implementation, customization and producer outreach.
Ä¢¹½Ö±²¥. (www.chsinc.com) creates connections to empower agriculture. As a leading global agribusiness and the largest farmer-owned cooperative in the United States, Ä¢¹½Ö±²¥ serves customers in 65 countries and employs approximately 10,000 people worldwide. We provide critical crop inputs, market access and risk management services that help farmers feed the world. Our diversified agronomy, grains, foods and energy businesses recorded revenues of approximately $39 billion in fiscal year 2024. Ä¢¹½Ö±²¥ is committed to reducing our impact on the planet, finding and developing new solutions in agriculture and energy, and investing in ways to build a better future for our owners, customers, employees and communities.
AgVend is the leading provider of digital enablement solutions that transform the way agribusinesses operate their organizations and engage with their customers. AgVend’s white-labeled system of action streamlines workflows from field to office, enabling frontline teams to offer more efficient and differentiated customer interactions. Since launching their first platform in 2020, AgVend’s technology is used by more than 30% of the North American ag retail market. Through their growing network of retailers and integrations with third-party partners, AgVend is laying the foundation for a digitally connected agricultural supply chain.
