Agribusiness Debt Collection Services

Altus understands and values the vital nature of agribusiness to our country and the world. Our core value is the belief that farm financial resources and natural resources are intimately linked. Both contribute to and are required to sustain a healthy farm. Indebtedness that is not solved can be a leading factor of agricultural sustainability failure. We feel that our efforts to assist our clients with their delinquencies are a vital part of this link.

The ability to recover funds efficiently and effectively for our clients is our primary focus. It is our hopes that this recovery of debt will not only benefit our client but the farmer as well, enabling them to reduce their debt to a more modest level thus leading to a more efficient use of their farming resources.

Areas of Expertise

• Input Finance & Retailer Credit Accounts
• Convenience Credit Accounts
• Deficiency Balance Equipment Finance
• Multi-Peril & Crop Hail Insurance Premiums
• Co-Op Revolving Credit

Recovery Philosophy & Approach

Our debt recovery approach is based on a non-adversarial philosophy that promotes recovery of funds while maintaining our client’s customer relationship with the grower. Altus understands that there are a finite number of customers in the ag sector, and we clearly appreciate the value of customer retention. This approach combined with a strong understanding and experience with agriculture related debt allows us to recovery over $2 billion annually for our clients in our 1^st party & 3^rd party programs.

Collection Agribusiness Focus & Skill Set

What sets Altus apart from our competitors is our commitment, experience and focus on agriculture & rural related debt. Our team of Account Managers that will be assigned to work your accounts have a deep understanding of seasonality aspects of ag-related, as well as common reasons for non-payment such as:

• Grain price fluctuations
• Operating loan issues
• Weather/Disaster Area related harvest issues
• Tax Related Reasons
• Crop Insurance

The ability to talk “shop” with farmers provides valuable information which in turn, provides better recovery results. Our Ag collection team is also provided scheduled industry crop and agribusiness reports to provide additional tools to understand and determine approach to debtors on an individual case level.