We work with customers to evaluate, propose, document, and close funding for viable projects. All potential projects are evaluated for feasibility before we start the process of submitting the project to our network of investors and lenders.
Our team of staff, strategic partners, and advisers work closely with a large network of lenders, investment banks, international banks, hedge funds, private equity funds, family offices, USDA guaranteed lenders, farm credit lenders, and economic development organizations to finance credit-worthy energy and commodities projects.
$550,000 or less
5% to 20% Down Payment. Fast Approvals. Home and buildings must be >50% of the price. Best for mini farms and market gardens. 50 acres or less. 30 year term. Secured by real estate.
$1.4 million or less
20% minimum down payment. More for raw land. Fast approvals. 20-30 year terms. Secured by real estate.
$5,000 to $10+ Million
Multiple structures from lease to own. May require a down payment up to 20%. 3 to 7 year terms. Secured by equipment.
$300,000 Maximum; $50,000 Maximum for Beginning Farmers
Working capital loans for operating expenses, purchase of livestock, farm reorganization to improve profitability, and equipment. 12 month term for operating expenses. Up to 7 year terms for larger purchases like equipment. greenhouses, or livestock.
$10,000 to $100,000 per FTE Job Created
Mix of grants, tax abatements, workforce training, low cost access to land and buildings, and low interest loans.
$5,000 to $1+ Million
Examples include Community Supported Agriculture, Kickstarter, Indiegogo, and other crowd funding sites. Most successfully funded projects raise less than $10,000, but a growing number have reached six, seven, and even eight figures. Requires very good marketing, good videos, and an existing network to help promote the campaign. 35% of Kickstarter campaigns are funded.
$150,000 to $5 million
Bank SBA Guaranteed Loans for Working capital, real estate acquisition and construction, and/or equipment. Requires equity, business history, revenues, and personal guarantees. Will fund commercial real estate and the processing, distribution, and cold storage side of agriculture but will not fund farming.
$10 Million Maximum
Must be rural or agriculture. No production agriculture or farming except for nursery, forestry, greenhouse, and aquaculture unless if vertically integrated with processing. 20% minimum equity but 40% is commonly required if not secured by real assets. Major paperwork. 90+ days to close.
$25 Million Maximum
Financing for renewable energy and energy efficiency. 30 MW or smaller. No construction funding - takeout funding only. Must be rural or agriculture. 25% equity required. Major paperwork. 90+ days to get approval. Close 2-4 weeks after final system commissioning. Often uses a USDA B&I loan for construction financing. 30 year term if it includes real estate. 15 year term for equipment.
$1 Million or $5 Million (Accredited Investors Only) Maximum
SEC regulated equity funding. Major paperwork and legal compliance. - $50,000-$100,000 in costs regardless of success.
From $5 Million to $100+ Million
Requires well developed and documented businesses and strong teams. 6-12+ month process from start to close. Generally requires some equity capital to fund during capital raising process. Most want to see customer, vendor, and key supply contracts or letters of intent. Requires travel - most players in this space tend to be in the major financial market locations - New York, London, Silicon Valley, etc. Funders expect board seats and restrictive covenants.
Capital for project finance, expansion, mergers and acquisitions, and public offerings from Tier 1 ``White Shoe`` firms. Expensive to raise - $1+ million in transaction costs. Companies must be well developed with customers, revenues, and assets. Within agriculture, most commonly used for large commercial greenhouse projects, utility scale energy infrastructure, large processing facilities, large coops, and mid-market vertically integrated agribusinesses.
Here is a list of thirteen major elements you will need in place to successfully close funding:
Larger projects, including all projects with venture funding, capital markets funding, and/or >10 FTE employees, also need four additional items in place:
In addition, having some seed funding to help cover expenses, travel, and legal costs would help a lot – particularly for projects requiring more than $1 million in capital.
We can help you navigate this process and develop the documentation you need to secure funding. For smaller projects, this process is more about making the right financial decisions than doing regulatory compliance with securities laws. Obviously, as your projects get bigger, more complicated, and require more funding, your documentation requirements increase substantially.