Growers Edge Launches Digital Farm Lending Platform


JOHNSTON, Iowa, October 7, 2021 / PRNewswire / – Growers Edge, a provider of data-driven financial technology (fintech) solutions for the agriculture industry, today announced the launch of a fully digital software and financial services platform for the agricultural industry.

The customizable platform is designed for agricultural retailers and input manufacturers of all sizes to process and manage loans quickly and efficiently. Powered by Growers Edge technology and software, the retailer’s branded online platform offers applications for loan submission, management and payment to streamline the process for retailers and their producer customers. The platform also offers a suite of tools and services to analyze and manage the retailer’s loan portfolio.

“Growers Edge presents a digitally driven end-to-end solution for agricultural lending,” said Dan Cosgrove, CEO, Growers Edge. “The combination of an experienced lending team and a powerful data science and computer science team allows us to use data science and analytics to make lending decisions faster and more securely than traditional agricultural loans. ”

The Growers Edge platform uses data and analytics to help partners make informed lending decisions and provide an objective, data-driven review of their loan portfolio. The company has developed a simplified underwriting scorecard that analyzes a producer’s credit using traditional loan analysis factors combined with credit and risk factors relevant to specialized short-term financing.

The Growers Edge software and services platform includes three products:

  • Software as a Service Plus (SaaS +): Retailers use the Growers Edge financial analysis and loan processing platform to streamline financial operations and improve the producer experience.
  • Funded Loan Program: Using the company’s SaaS + platform, retailers partner with Growers Edge to roll out fully customized and funded finance programs.
  • Sustainable Loan Program: Growers Edge tailors its programs to provide loan services to producers who adopt regenerative agricultural practices.

“We are delighted to be able to bring the speed, efficiency and flexibility that we expect from consumer loans in agriculture,” said Hollie bunn, Director of Loans, Growers Edge. “Our goal is to provide retailers, cooperatives or input manufacturers with the tools they need to better serve their customers, streamline their internal processes and grow their businesses.”

Pilot projects are currently underway in the Midwestern states. The company’s first pilot is in partnership with Puris, the largest peas producer in North America. Financial solutions help Puris farmers buy seeds and inputs used to grow crops. In turn, Puris buys and processes the crops into pea protein, pea starch and pea fiber.

“The transition to diversified cropping systems and regenerative agriculture practices can represent a huge financial risk for our producer partners,” said Nicole atchison, CEO of Puris Holdings. “Our pilot project with Growers Edge has given farmers more flexibility to continue these practices with confidence and safety and allows Puris to better support them throughout the process.”

Growers Edge is currently building an extensive network of agricultural retailer partnerships for the 2022 growing season.

About PURIS:

PURIS ™ cultivates a line of pure plant-based foods and ingredients from organic and non-GMO sources based in the United States. Our end-to-end sustainable food system ensures a healthy journey from seed to solution. Built with intention, our plant-based food system benefits every link in the production chain: tasty and nutritious choices for people, profitable opportunities for producers, flexible ingredients for food manufacturers, and practices that nourish the soil, the environment and life on earth. To learn more about PURIS ™ Pea, the company’s flagship protein, visit

About Growers Edge: Empowering Growers to Adapt and Thrive

Growers Edge provides data-driven financial technology products, solutions and tools for the agriculture industry. Through partnerships with retailers and manufacturers, Growers Edge designs innovative guaranteed plans and financing options that help farmers confidently adopt new technologies and practices that benefit their operations. The Johnston, IowaThe company is led by a proven team of agricultural and loan executives, led by more than 40 employees and backed by top investors in agricultural technology. To learn more, visit

SOURCE Growers Edge

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