When hardship hits your farm, the last thing you need is to be bogged down by concerns about how you’ll meet your obligations. CNH Industrial Capital understands the importance of peace of mind during tough times, so you can attend to your family, your livestock and rebuilding your operation.
Today’s guest blogger is Chadd Rohrer, Senior Manager, Collections & Loss Mitigation, CNH Industrial Capital. Read on to learn how CNH Industrial Capital will work with you so you can focus on what’s important.
It’s human nature to think that disaster is a hardship that hits other places or different parts of the country — not our own farms. Deep down, we all know natural disasters, such as tornados, hurricanes, hailstorms, wildfires and drought, can wreak havoc nearly anywhere at any time. No one is immune. That’s why CNH Industrial Capital is committed to helping you through these challenges.
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We’re here to help
Crop loss can be devastating, especially when grain prices already have a tight grip on margins. Some disasters can destroy the very equipment you’re buying or leasing, significantly limiting your ability to operate. When these situations occur, CNH Industrial Capital will evaluate disaster relief options, such as restructuring equipment loans and leases so you don’t default. Most important, we’ll work with you to craft a relief plan tailored to your specific needs. Our goal is to help you maintain business as usual on your farm.
How it works
Many circumstances can trigger disaster relief. Weather-related incidents that result in crop destruction or equipment loss are the most common, but we’re flexible and ready to assist when you need additional support to overcome a hardship resulting from a declared disaster.
CNH Industrial Capital monitors several credible sources to validate and confirm disaster declarations. For example, we typically look to the Federal Emergency Management Agency (FEMA) and the U.S. Department of Agriculture (USDA) for this type of information.
Where to start
When you need relief from a declared disaster, start by contacting a CNH Industrial Capital representative at 800-777-0552 to discuss your specific need regarding your equipment loan or lease. Email is another option: firstname.lastname@example.org.
We understand how major disasters can impact your farm and your community. Providing best-in-class service is our top priority. Trust that we’ll work with you in an expedited fashion, so you can focus on the important task of returning your farm to productivity.
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