Welcome to Precision Management Associates!

Tom Risdal started Precision Management Associates, Inc. in 1998 after teaching Farm Business Management for over 15 years.  He saw the need for better risk management connected to the business management.  His business has grown from a hand full of clients to great number of clients up and down the Red River Valley in both North Dakota and Minnesota.

The growth of Precision Management Associates, Inc. has been phenomenal.  In 2011, Craig Irwin joined the organization bringing expertise in farm property and casualty and liability along with estate planning work ups.  In 2012, Kelly Schlauderaff joined the company as a CPA bringing tax expertise to the organization.

Our growth has been first and foremost the knowledge base that we have to help farm businesses make better decisions concerning their businesses. We have been told that our expertise in crop insurance and how it relates to the crop markets helps them make better decisions to help them become more profitable.

We also have daily market reports by Rich Morrison to keep us up-to-date on the markets and other farm management issues.  He also has a Third Thursday marketing meeting that you can view on the net. With the volatility and uncertainty of the ag economy, information has become a necessity in this day and age.  Our service has been second to none with emails and faxes to our clients keeping them informed with what’s going on in agriculture business and risk management sent directly to their inboxes.  Precision Management Associates, Inc. has positioned itself to be of the greatest assistance to you in helping to manage your business and your risk.

Now, I am thrilled to announce our newest addition to our firm which makes us a one stop shop for Farm Business and Risk Management!  We are now partnered with CBO / AgriFinancal Services!  We are able to offer:

• Farm real estate financing – Competitive mortgages for financing a farm with terms of up to 30 years.   Fixed and adjustable rates with combinations for savings and security.  AFS provides a broad product line that can meet any producer’s needs.
• FSA guaranteed loans – AFS works with Farm Services Agencies to provide guaranteed loan protection.  This enables a broader spectrum of risk profile customers to obtain credit, and underpins the safety and soundness of those loans to investors.   Guaranteed loan programs are available on mortgage financing with terms up to 25-years.
• Ag Equity loans –  This program allows customers to use their land ownership to access a convenient, flexible line of credit which can be used for farm and business needs.   At extremely competitive rates, the Ag Equity Loan from AFS offers either a 10-year draw period and terms of either 20 or 30 years.  It’s a great way to establish annual operating credit without having to annually renew a loan, requalify or pay fees often associated with setting up a line of credit.
• Leasing for Equipment/Buildings – Many producers find leasing a preferred alternative for acquiring the equipment they need, or investing in a building or new facility.  Leasing can offer tax advantages compared to a loan.  In addition, it provides 100% financing which can reduce the cash flow burden.   AFS offers leasing on new and used equipment, as well as for structures, irrigation equipment, grain bins and much more.

Please call or email us for no obligation information on these products, as well as our risk management products.  Remember, “That to give the best service is the least we can do!!”