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AGVEND AND JOHN DEERE FINANCIAL BRING INTEGRATED CROP INPUT FINANCING TO AG RETAIL
Source: AgVend news release

Austin, TX, - AgVend, the leading provider of digital enablement solutions for agribusinesses, and John Deere Financial, one of the largest crop input lenders in the U.S., today announced an integration that brings manufacturer and retailer-sponsored financing programs directly into retailers' AgVend-built platforms. The partnership delivers new levels of efficiency and ease of use, giving retailers and their customers visibility into 0% and low-rate programs at the exact moment they're planning, quoting, and ordering.

Until now, ag retailers faced program complexity that kept valuable offers out of reach and required manual double entry. AgVend and John Deere Financial have solved both. Sponsored 0% and low-rate finance programs now surface automatically at the right moment in the sales process, and transactions flow directly to John Deere Financial in the background.

"With AgVend and John Deere Financial working together, my team has instant visibility into credit and incentives, and transactions post straight to John Deere Financial -- no more re-keying or reconciling. It takes the manual work off our plate entirely, and our growers see financing that's faster and simpler at every step," said Brad Barnes, Vice President, Credit & Member Relations, Valley Wide Cooperative.

Growers with a John Deere Financial Multi-Use Account can view their purchases, account balance, available credit, and low-rate offers within their retailer's customer portal. This brings new levels of personalization and ease of use to the interactions a customer has with their retailer.

"As an industry leader in crop input financing, we are extremely proud of this innovative integration and partnership with AgVend. Retailers, sales teams, and growers will have automated real-time digital access to 0% and low-rate offers, from their phone or laptop all season long. Administrative and back office teams will benefit from a seamless workflow and end-to-end financing experience which will save them valuable time. Ag retailers will be able to deliver much needed interest savings and cash flow finance solutions to their customers," said David O'Malley, Agribusiness Manager, John Deere Financial US/CA.

The integration is live for Partner Retailers. Manufacturers sponsoring low-rate programs through John Deere Financial can now reach growers at the point of decision, with retailers keeping full ownership of the relationship.

"AgVend exists to remove the friction that stands between retailers and their customers. Every moment a Partner Retailer's team spends re-keying information is a moment they're not spending with their customer. Early results show 8-10 minutes of saved time per transaction. That's time back for building direct relationships with their customers," said Tracy Linbo, COO, AgVend.

To learn more about the AgVend and John Deere Financial integration, request a demo at agvend.com.

About AgVend

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 38% 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.

About John Deere Financial

John Deere Financial understands agriculture and the demands it has on a retailer and growers' cash flow throughout the season. The Multi-Use Account has been supporting farmers and ranchers for over 50 years, providing full-season purchasing power for John Deere parts, service, and crop inputs. Delivering cash flow solutions, interest savings, and flexible pay-after-harvest terms are at the core of what they do.


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