Leading US Indoor Agriculture Firm Partners to Offer First-of-its-Kind Alternate Financing for Indoor Growers
Leading US Indoor Agriculture Firm Partners to Offer First-of-its-Kind Alternate Financing for Indoor Growers
Contain Inc partners with AmHydro, Bright Agrotech & CropKing to offer lease financing for indoor agriculture and vertical farming equipment
Our goal is to become the alternate finance provider of choice to indoor farmers” — Nicola Kerslake, Co-Founder, Contain Inc.
RENO, NV, UNITED STATES, June 13, 2017 /EINPresswire.com/ -- Indoor agriculture - the practice of raising crops in warehouses, containers and greenhouses using hydroponic, aquaponics and aeroponic techniques - is one of the fastest-growing parts of global farming. To date, indoor farmers have lacked the same access to capital enjoyed by their outdoor peers, and one of the industry’s leading firms, registered investment adviser Newbean Capital, is now focused on remedying that inequity.
It has launched an alternate finance arm, Contain Inc., its first offering is lease financing. “Our goal is to become the alternate finance provider of choice to indoor farmers”, said Nicola Kerslake, co-founder of Contain Inc.
The venture has partnered with three leading indoor agriculture technology providers to provide lease financing to their customers. For longstanding industry consultant AmHydro, it will offer lease financing for the Company’s Get Growing!™ greenhouse bundle packages. AmHydro has been designing and building innovative, hydroponic systems for over 30 years. It manufactures and helps to install food-grade growing systems for both small and large commercial operations. AmHydro offers systems for the small business entrepreneur up to the large multi-acre commercial suppliers of companies such as Whole Foods and Costco.
Contain Inc has recently arranged a five-year lease agreement for Bright Agrotech’s ZipFarmTM equipment at a 6.5% rate for MyChoice Programs, an East coast nonprofit that supports individuals with developmental disabilities to participate in their communities. As one of its innovative programs, it decided to transform a building into a vertical farm that could feed both the residents of its homes and the local community using Bright Agrotech equipment. Bright Agrotech designs and builds the most installed vertical farming technology in the world. They revolutionized the indoor farming industry with vertical plane growing tech, system controls and workflow designs that help hundreds of farmers be more productive.
Its newest partner - CropKing - a manufacturer and distributor of commercial greenhouse structures, hydroponic growing equipment, and supplies. Known for working with family farms, it has specialized in the business of controlled environment agriculture and hydroponic growing since 1982. It offers both bucket and NFT systems for indoor grows.
About Contain
Contain is an alternate finance business that works exclusively with indoor growers, those that are farming in warehouses, greenhouses and containers. It partners with industry-leading equipment providers to secure lease financing for indoor farming equipment, such as greenhouses, grow systems, controls systems and LED lighting. It also offers insurance through its partner at Interwest.
More Information
• Contain Inc. – contain.ag
• AmHydro – amhydro.com/financing
• Bright Agrotech – brightagrotech.com
• CropKing – cropking.com
• MyChoice Programs - mychoiceprograms.com
Nicola Kerslake
Contain Inc.
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