Access the full text.
Sign up today, get DeepDyve free for 14 days.
B. Bettencourt (2014)
The Dodd-Frank Act and its impact on agricultural lending
Brady Brewer, J. Bergtold, Allen Featherstone, Christine Wilson (2019)
Farmers’ Choice of Credit among the Farm Credit System, Commercial Banks, and Nontraditional LendersJournal of Agricultural and Resource Economics, 44
C. Dodson, S. Koenig (2004)
Competition in farm credit markets: identifying market segments served by the farm credit system and commercial banksAgricultural Finance Review, 64
(2021)
Farm income and wealth statistics, balance sheet
Gershon Feder, L. Lau, J. Lin, Xiaopeng Luo (1990)
The Relationship between Credit and Productivity in Chinese Agriculture: A Microeconomic Model of DisequilibriumAmerican Journal of Agricultural Economics, 72
(2020)
What makes nontraditional finance nontraditional
(2020)
Vendor finance in the Northeast dairy industry
Brian Briggeman, Charles Towe, M. Morehart (2009)
Credit Constraints: Their Existence, Determinants, and Implications for U.S. Farm and Nonfarm Sole ProprietorshipsWiley-Blackwell: American Journal of Agricultural Economics
Yasir Rashid, A. Rashid, M. Warraich, Sana Sabir, A. Waseem (2019)
Case Study Method: A Step-by-Step Guide for Business ResearchersInternational Journal of Qualitative Methods, 18
(2019)
Seed corn costs: cost of seed company financing vs traditional financing
E. Phimister (1995)
Farm Consumption Behavior in the Presence of Uncertainty and Restrictions on CreditAmerican Journal of Agricultural Economics, 77
M. Petrick (2004)
A microeconometric analysis of credit rationing in the Polish farm sectorEuropean Review of Agricultural Economics, 31
(2019)
Seed corn costs: how large are the discounts?
B. Sherrick, S. Sonka, James Monke (1994)
Nontraditional Lenders in Agricultural Credit MarketsAgribusiness, 10
This paper examines credit products, operational performance and business models employed by nontraditional lenders (NTLs) in agricultural credit markets.Design/methodology/approachTwo research methods were employed in this study: (1) an executive interview to collect primary data and (2) a case study approach to analyze the findings and develop insights.FindingsThe findings indicate the presence of significant differences among lenders across and within three categories of NTLs (large volume, vendor financing and collateral-based NTLs). For example, collateral-based NTLs employ different strategies focusing on types of loans, funding sources, commodities they support and geographic coverage to further segment the market. NTLs in this study were able to capture market by successfully identifying gaps in the supply side of agricultural credit and developing products that meet the needs of that niche (e.g. heavy renters, large operations, producers seeking fixed interest rates for term loans, financially fragile producers). Most of the interviewed NTLs had credit standards comparable to those of traditional lenders and consider them both competitors and partners since many NTLs partner with traditional lenders on participation loans, loan servicing and/or sourcing funds.Originality/valueThe supply side of a nontraditional lending has not been studied extensively due to the proprietary nature of data. The executive interviews conducted in this study allowed for accumulation of industry data, which is not available otherwise.
Agricultural Finance Review – Emerald Publishing
Published: Mar 1, 2022
Keywords: Nontraditional lenders; Collateral-based lenders; Vendor financing; Agricultural credit market; Alternative lending
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.