Tillable, an online marketplace for farmland rental, has launched a new digital platform.

CEO Corbett Kull says Tillable Finance will help streamline financing farmland rentals.

“We came out with a way for farmers to finance rent payments via Tillable,” he says. “Typically, in a cash rental agreement the farmer has to pay 100 percent of his rent on our near March 1. We came up with a financing program that allows the farmer to apply for financing to make his rent payment and then the farmer pays that loan back at the end of the season.”

The online tool was launched in parts of Minnesota, Wisconsin, and Illinois.

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