AgroApp fintech service is a free tool that saves agribusiness the most valuable thing of all - time, by connecting farmers, banks and suppliers, streamlining the loan application process and allowing agricultural companies to get a loan faster.
The main idea of the service is to give farmers a tool that will help them to buy equipment, seeds or pesticides, to get a loan quickly, cheaply and without deposit and provide an additional online sales channel for banks and suppliers.
A free online service has been launched, enabling agribusiness to submit funding applications solely using their Legal Entity Identifier.
The application can be filled out in just a few minutes, using data sourced from 70 government registries.
The agricultural producer has the convenience of submitting their application to multiple banks within the service, and selecting the most beneficial financing terms later on.
Solutions that were used to achieve our objectives and business requirements: