AgFirst Farm Credit Bank Loan Origination Modernization

Microservices Architecture for Agricultural Lending

Published February 2024
14 months implementation
5 Visionblox consultants
Pro-BizPro-Finance
Microservices
Architecture
Multi-Assoc
Support
Automated
Doc Gen
ACH
Integration

Modernized the loan origination system with microservices architecture, implementing rate/fee calculation engines, document generation, and ACH cash management for agricultural lending.

The Challenge

AgFirst needed to modernize their legacy loan origination system to support modern agricultural lending requirements, including configurable rate sheets, automated document generation, and compliance with farm credit regulations.

The Solution

Visionblox architected a microservices-based solution using .NET Core 2.0 with Angular frontend:

• Customer account portal with Web APIs for loan origination • Rate and fee calculation engines • Admin tools for configuring rate sheets across associations • SSIS packages for data extraction and transformation • ACH cash management integration

Implementation

Modernization over 14 months:

**Phase 1: Architecture** • Microservices design • API layer development • Rate engine prototype

**Phase 2: Core Systems** • Loan origination workflow • Document generation • Fee calculations

**Phase 3: Integration** • ACH integration • Multi-association support

Results

Lending platform transformed:

**Architecture** • Modern microservices design • Configurable per association

**Automation** • Automated document generation • ACH cash management integrated

The modernized platform has transformed how we serve our agricultural community. Loan processing is faster and more accurate.
VoT
VP of Technology
AgFirst Farm Credit Bank

Quick Facts

Client
AgFirst Farm Credit Bank
Industry
Financial Services
Platform
AUREON
Duration
14 months implementation
Team Size
5 Visionblox consultants

Tags

Financial ServicesLendingMicroservicesAgriculturalModernization

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