When it comes to identifying accurate equipment values or locating relevant comps to support new loans or update existing client assets, not all solutions are created equal. Spending valuable time manually reconciling equipment sales results from multiple websites or putting your faith in sources that use outdated data adds unnecessary time and risk to your organization and its portfolio.

Iron Comps from Tractor Zoom enables ag lending institutions to quickly access the most relevant comparables based on equipment-specific criteria, helping produce more accurate and timely equipment valuations.

Unlike other solutions in the market, Iron Comps provides the ability to build and maintain lists of equipment assets tied to an individual farmer or their larger operation. These Equipment Lists present accurate values for each piece of equipment and provide traceability into the comps that calculate the value. Furthermore, Equipment List values can be automatically updated to reflect current market conditions so ag lending institutions can eliminate the unnecessary time and research needed to re-evaluate comps and values on an annual, semi-annual, or periodic basis.