Mediation provides a service to agricultural borrowers and lenders by bringing them together with a neutral person, called a mediator, who assists in resolving their financial disputes in a confidential setting. The goal of mediation is getting the borrower and lender to work together, discuss options, and find the best solution for all involved.
Mediation can be instrumental in avoiding litigation.
Provides a rapid time frame for decisions. Provides a confidential forum to discuss complex issues. Promotes fair solutions to both sides of the dispute. Provides alternative solutions to issues and problems. Provides mediators who are neutral facilitators only.