LENDER · PORTALLIVE
Loan portfolio overview
48 active loans · live covenants$124.6M outstanding · 12 counties
Every loan, every receipt, every Schedule F. All in one place.
Principal gives community banks real-time portfolio monitoring, and their farmers receipt categorization and Schedule F export.
No. 01AG LOAN VOLUME · FDIC
$215B
↑ 3% YoY
74%
of ag production credit
187
today; <1 with Principal
AT A GLANCE · AG LENDING
The book you write. The book you can't see.
FOR NEARLY 1,400 COMMUNITY BANKS AGRICULTURAL LENDING IS THEIR PRIMARY SOURCE OF INCOMESOURCE · FDIC CALL REPORTS 2025DEEP DIVE
Watch the book, not spreadsheets.
Every borrower, every covenant, every ticker rolled up into one live dashboard. Drill into a single operation in two clicks.
app.tryprinciple.com/borrowers/henson-farms-j4
BORROWER · J4 · IL
Henson Family Farms · J4
DSCR
1.38x
+0.06 QoQWORKING CAPITAL
62%
−2 ptsTOTAL EXPOSURE
$2.8M
stableCovenants3 ACTIVE · 1 BREACHED
DSCR ≥ 1.20xIn covenant
LTV ≤ 70%In covenant
Working capital ≥ $1.2MBreached
THE PROBLEM · AG UNDERWRITING
Your riskiest exposure is written on the backs of tax returns.
Annual financials are 9 months stale
By the time you have last year's Schedule F, this year's drought already happened.
Covenant breaches arrive as surprises
DSCR and working capital slip quietly between reviews. You find out at the next renewal.
Due diligence is a scavenger hunt
Receipts, 1099-PATR, crop insurance schedules. Every renewal is another three-week scramble.
Portfolio view is a spreadsheet
Aggregated ag exposure lives in a tab that's last-saved two Fridays ago.
THE PLATFORM
Welcome to your new lender portal.
Covenant drift alerts in 30 minutes. Borrower health scored every night. Credit memos exported in one click.
app.tryprinciple.com/portfolio/2024-Q4
PORTFOLIO PULSE · TOTAL PORTFOLIO
$18.42M
↑ $3.62M · 24.5%vs May 24
Across 48 active operations · 12 counties
2Y LOW$14.80MMay 24
2Y PEAK$18.42MApr 26 · current
WEIGHTED DSCR1.58healthy
AVERAGE INTEREST RATE7.40%Prime + 0.50% variable
AVG TENOR4.3yacross book
Every borrower, every covenant, every dollar: one live view.FIG 01 · LENDER PORTAL · PORTFOLIO PULSE
CREDIT MEMO · AUTO-GENERATEDRENEWAL · FY 2025
PRINCIPAL · LENDER PORTAL · PREPARED FOR FIRST FARMERS BANK · CONFIDENTIAL
CREDIT METRICS — TRAILING 12MHenson Family Farms: Operating Line Renewal
Borrower: Henson Family Farms LLC · EIN: 45-9991203 · Credit Officer: M. ReyesDebt Service Coverage Ratio (DSCR)1.48x
Working Capital$932,400
Current Ratio2.4x
Leverage (Debt/EBITDA)2.3x
Operating Margin18.6%
Recommended actionAPPROVE: 2yr line, $4.2M, no covenant changes
Generated from Principal live data · ready for committeeFOR COMMUNITY BANKS · AG LENDERS
Stop underwriting from a stack of PDFs.
Principal gives the community banks that lend to American farmers a live view of every borrower's operation.
Portfolio · Ag Loan Book
48 ACTIVE BORROWERS · $124.6M PRINCIPAL OUTSTANDINGBORROWERPRINCIPALCOVENANTDSCR (LIVE)LAST UPDATE
Henson Family Farms
$4.20M
In covenant
1.48
2 min ago
Cordell Ranch LLC
$2.85M
In covenant
1.62
14 min ago
Oakbend Orchards
$1.40M
Watchlist
1.08
1 h ago
Prairie Wind Co-op
$6.10M
In covenant
1.92
3 h ago
Riverbend Dairy
$3.75M
Under review
1.21
yesterday
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