Agrify is now directly providing a $30 million credit facility for its customers to purchase its premium indoor grow products. The line of credit is available for any of Agrify’s solutions, including vertical farming units, commercial grow containers, integrated grow systems and racks, LED grow lighting, environmental mitigation solutions and more.
“We had super strong interest coming out of MJBizCon, and we are prepared to further accelerate and partner with our customers by making this $30 million credit line available to qualified clients on a first-come, first-served basis,” said Raymond Chang, CEO of Agrify. “Given that it is impossible for U.S. cannabis businesses to get traditional bank financing, we want to help our customers deploy more quickly.”
With the recent acquisition of TriGrow Brands and partnership with Valiant America, Agrify now provides turnkey product and installation services for any indoor horticulturalist and can finance the entire project from inception to completion.
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