Lenders to the agriculture industry have unique needs, including the ability to service loans featuring seasonal repayment options. The Nortridge Loan System is an excellent solution for agriculture industry lending. Our loan servicing software allows you to create custom, short-term loan programs with irregular loan payment schedules. This is perfect for seasonal loan programs that require payments for certain times of the year and then no payments during the off season. Nortridge can also easily be set up to do balloon payments, loans with default rates, and multi-step rates.
Features
- Custom short-term loans
- Custom payment schedules
- Balloon payments
- Multi-step rates
Create custom, short-term loan programs with irregular loan payment schedules, it’s perfect for the agriculture industry. Schedule a demonstration to learn how we can help your particular needs.
