Risk Assessment & Management
At AgChoice Farm Credit, our team of business consultants can make recommendations to assist you in identifying weaknesses, vulnerabilities and threats, as well as how to deal with them appropriately.
If you're involved in the agricultural or forest products industry, you intuitively understand the risks involved in the day-to-day operation of your business. From the ever-changing price of commodities to the danger in operating heavy equipment, farmers and forest products business owners are constantly faced with a multitude of risks.
Biz360 is the AgChoice way of helping you take a 360-degree view of your business. It asks direct, pertinent questions in a series of categories to detect your business's greatest strengths and weaknesses in managing risk. It is important to note that Biz360 is not an evaluator of your lending qualifications. Instead, it is simply a tool to improve your business planning. At AgChoice, our customers are why we exist and we want to see you thrive.
In addition to the general Biz360 tool, AgChoice has also developed a version of Biz360 that is specific to the forest products industry. While forest products customers are faced with many of the same concerns as general agricultural customers, they also have other specialized needs. Added risks for businesses in the forest products industry include those associated with timber contracts or leaseholds and natural disasters.
Contact us or contact your local branch today to arrange a meeting to discuss risk management on your operation or ask your loan officer about this tool the next time you talk to him/her.
We are an equal housing lender.