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North America: Financing program to reduce investment barriers for farmers

"Vertical- and indoor farmers especially have always had issues with financing their equipment. Especially when comparing the accessibility to capital that traditional farms have or even other professional services like contractors. Having a lender that understands us with container farms and vertical farming, in general, is key," says Gabriel Zarafonitis, founder and CEO of FarmAnywhere.

According to Gabriel, securing angel investments or grants is an extremely lengthy process. Any professional knows that jumping on a business opportunity at the right moment is key. "When a new P.O. comes in from a vendor, you know you can trust FarmAnywhere to deliver added capacity quickly."

With a range of comprehensive plans tailored to meet various needs and budgets, FarmAnywhere's new financing and leasing program includes options for both short-term and long-term commitments, catering to the variety of its clientele, from local farmers to large-scale food productions. This initiative is expected to accelerate the adoption of vertical farming technologies, contributing to a greener, more self-sufficient urban environment.

Farmanywhere is requesting a $500.00 refundable filing fee upon the purchase of a farm. This allows them to not only verify the farmer is serious with their applications but also help the farmer line up and file all the appropriate paperwork. Apart from the regular interest rate from the lender, it is also applied as a standard to any leasing deal.

"Our financing program only applies to FarmAnywhere container farms and add-on products. However, if you are not looking for financing, you can still purchase our container farm upfront and purchase services such as onsite farm deployment and training separately," Gabriel elaborates.

The team is actively working on expanding the financing availability worldwide. "And if you are an equipment lender, especially in Europe or Asia, we would love to start a conversation with you to help bring our equipment truly anywhere," Gabriel proposes.

For more information:
Gabriel Zarafonitis, Co-Founder and CEO
Tel.: +1 800 327 6711