Compeer

Ocrolus Announces Upcoming Rep & Warranty Coverage for Majority of Income Types and Loan Products

Retrieved on: 
Monday, March 18, 2024
Automation, USDA, Credit, HomeTrust Bancshares, FHA, Encompass, ICE, Workflow, Index, API, Compeer, Real estate

NEW YORK, March 18, 2024 /PRNewswire/ -- Fluctuating interest rates and inventory in recent years have created volatility in the mortgage industry, leading mortgage lenders to seek technologies that allow them to automate processes with scale and accuracy. Many lenders have turned to Ocrolus, a leader in AI-driven document automation and analysis, to help them automate previously manual processes and scale their operations more efficiently. 

Key Points: 
  • The company now supports nearly 100 mortgage lenders with AI-driven automation of document analysis and calculation for the majority of income types and loan products.
  • Many lenders have turned to Ocrolus , a leader in AI-driven document automation and analysis, to help them automate previously manual processes and scale their operations more efficiently.
  • With continued innovation and strong market momentum, Ocrolus announced it will further expand its offering with representations and warranties coverage for income calculations.
  • Among the recent enhancements, the company expanded its analysis capabilities to enable automated income calculations for the majority of income types and loan products including those with non-traditional income sources, such as self-employment and rental income as well as VA, USDA and FHA loans.

AgVend Introduces Point-of-Action Financing in Its Digital Enablement Platform

Retrieved on: 
Wednesday, November 30, 2022
United, Grain, AG, Partner, Partnership, Agriculture, Sale, Compeer, ERP, Entrepreneurship, Online shopping

AUSTIN, Texas, Nov. 30, 2022 /PRNewswire/ -- AgVend, the leading digital enablement solutions provider, announced today the release of its enhanced financing offer, AgVend Digital Finance. Ag retailers can now provide their grower customers with a more-convenient, integrated financing option right within their AgVend-built Grower Portal.

Key Points: 
  • AUSTIN, Texas, Nov. 30, 2022 /PRNewswire/ -- AgVend , the leading digital enablement solutions provider, announced today the release of its enhanced financing offer, AgVend Digital Finance.
  • AgVend Digital Finance gives third-party finance providers the ability to take full advantage of AgVend's digital enablement solution by making services more accessible and available at a retailer's digital point of sale.
  • AgVend partners with third-party providers to connect core business systems that integrate with AgVend's Digital Enablement Platform.
  • "AgVend Digital Finance demonstrates the extensibility of digital enablement solutions and how they can scale and evolve to give our partners and their growers the digital experience they need."

Indigo Ag's Carbon Collaborations Open Sustainability Market Doors for Farmers

Retrieved on: 
Thursday, October 13, 2022
Trust, Indigo Agriculture, Sale, Farm Service Agency, CropLife International, The North Face, Organization, Soil, Farmer, Multimedia, JPMorgan Chase, Compeer, Technology, Data management, Agriculture, Industry, USDA, Ralph Lauren Corporation, MFA Incorporated, Solution, View, AG, Citrus, Online shopping, Barclays, Indigo

BOSTON, Oct. 13, 2022 /PRNewswire/ -- As the voluntary agricultural carbon credit market continues to grow in value, Indigo Agriculture today announced an additional seven carbon farming collaborators have joined the effort to help farmers access this new sustainability-focused revenue stream. Working with Indigo to reach 30 states representing nearly 80 percent of U.S. cropland, the companies offer wide-ranging expertise, with capabilities across finance, inputs, data management, and more. Indigo's collaborative approach equips farmers with the flexibility to enter the carbon market supported by advisers in their communities that they already know and trust, a key consideration for those looking to get started.

Key Points: 
  • "Whether driving quality in the market today or designing resources and learning tools to demystify carbon farming, we're working hard to make sure the carbon market works for farmers.
  • We want farmers to work with people they know and trust to learn about and participate in Indigo's carbon program," Heather Gieseke, VP Commercial, Carbon at Indigo Ag said.
  • With a growing network of agricultural leaders committed to the integrity of carbon programs and success of farmers in carbon farming, it's easier than ever for farmers to enter the market."
  • Seven new organizations have recently joined the effort to support scaling ag sustainability solutions by helping their customers enter the carbon market with Indigo.

Americold Announces Upsizing and Extension of New Sustainability-Linked Senior Unsecured Credit Facilities

Retrieved on: 
Wednesday, August 24, 2022
National Association, COVID-19, Sustainability, Insurance, Regions Financial Corporation, GLOBE, BofA Securities, PNC Financial Services, Company, Data collection, Stock dilution, Citizens Bank, Compeer, Building material, SOFR, Bank, Employment, Chase Bank, Americold Realty Trust v. ConAgra Foods, Inc., Ownership, Citibank, REIT, Investment, HSBC Bank, Royal Bank of Canada, HSBC Bank USA, Privacy, Huntington Bancshares, JPMorgan Chase, Acquisition, Transport, Facility, Royal Bank, NYSE, CAD, Bank of America, Truist Financial, CMBS, Failure, Annual report, Forward-looking statement, Security (finance), Risk management, Americold

The senior unsecured credit facilities enhance the Companys strong liquidity position and extend its well-staggered debt maturity profile.

Key Points: 
  • The senior unsecured credit facilities enhance the Companys strong liquidity position and extend its well-staggered debt maturity profile.
  • Additionally, the senior unsecured credit facilities incorporate a sustainability-linked pricing component, with pricing subject to adjustment based on an annual GRESB rating.
  • We are pleased to further enhance the strength and financial flexibility of our balance sheet by refinancing our senior unsecured credit facilities, said Marc Smernoff, Americolds Chief Financial Officer.
  • Additionally, we are proud to align our corporate commitment to sustainability with our financing strategy by incorporating a sustainability-linked pricing component into our senior unsecured credit facilities pricing structure.

Compeer Financial Adopts Rubrik to Simplify Complex IT Environment and Transition to Hybrid Cloud Post Merger

Retrieved on: 
Wednesday, April 25, 2018
Compeer, Database, Rubrik

Rubrik helped Compeer Financial to consolidate and simplify three disparate IT systems following a merger and eliminate tape by archiving to the cloud.

Key Points: 
  • Rubrik helped Compeer Financial to consolidate and simplify three disparate IT systems following a merger and eliminate tape by archiving to the cloud.
  • Rubrik delivers self-service capabilities to Compeer Financial's SQL database administrators which has resulted in reduced management time and significant cost savings.
  • Compeer Financial provides a reliable source of capital for farm operations in over 140 counties across the upper Midwest.
  • After deploying Rubrik, Compeer Financial was able to:
    Provide self-service capabilities for SQL database administrators, creating operational efficiencies.