Equipment appraisal
software for Ag Lenders
Standardize equipment valuations while ensuring they're more accurate and fully traceable across your organization with the only heavy machinery and farm equipment appraisal solution that provides transparency into real-time, comparable sales.
Iron Comps leverages the power of the fastest-growing, most transparent equipment database. Our solutions not only help streamline and automate used equipment valuation and pricing decisions, they also instill confidence with transparency and traceability into actual comparable sales.
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time manually reconciling equipment sales results from multiple websites or putting your faith in sources that use outdated data adds unnecessary time and risk to your organization and its portfolio.
Tractor Zoom Pro 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, Tractor Zoom Pro 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.
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time manually reconciling equipment sales results from multiple websites or putting your faith in sources that use outdated data adds unnecessary time and risk to your organization and its portfolio.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.
"I enjoy the fact I can text y'all if I have any problems or questions and y'all respond right away with an answer. Helps that [Tractor Zoom Pro] is updated constantly and can get an updated list to our loan officers when they need updated values for renewals...definitely has helped us improve our side as well with everything new y'all have added throughout the years."
Jorge Rivera, Alva State Bank
Sale data is updated daily, ensuring valuations are both accurate and timely in accordance with today's market conditions.
Automating equipment valuations with Equipment Lists enables ag lenders to update values when the market shifts, helping mitigate the time needed to re-evaluate comps and values.
Additionally, Equipment Lists can help create standardization across the organization, leading to efficiencies in team member training or on/off-boarding farmer clients.
Tractor Zoom Pro helps ag lenders remove the manual work of researching, sourcing, and documenting equipment valuations.
Automated equipment valuations across the organization have proven to increase efficiency by up to 85%, which means more time can be spent supporting the farmers who need it most.
Tap into the latest pricing and supply insights, and learn how other Tractor Zoom Pro users are leveraging the system to improve decisions and catch up on recent feature updates and enhancements.
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