FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


OneWorld Business Finance, Indoor Harvest Form Financing Alliance

January 16, 2017, 07:05 AM
Filed Under: Vendor Finance News

Indoor Harvest Corp, through its brand name Indoor Harvest®, is a solutions provider to the vertical farming and indoor agriculture industry. Indoor Harvest is pleased to announce an alliance with OneWorld Business Finance through its division US Energy Capital (OneWorld) to assist with financing for its customers and projects. The new relationship will allow OneWorld to expand their business offering in this new and exciting industry and will allow clients expanded options for financing.

“After conducting a search for a company that combined the experience we were looking for with the flexibility our clients need, we chose OneWorld. A centrally planned indoor farm facility is a cost intensive project. This partnership gives the operators in the industry a strong option to reduce their initial costs and efficiently manage their cashflow while they focus on growing crops and revenue," stated John Choo, CEO of Indoor Harvest. "With the pedigree of US Energy Capital and OneWorld Business Finance, we are excited to bring their options to the Vertical Farming space across North America," further stated Mr. Choo.

“US Energy Capital, recently acquired by OneWorld Business Finance, has been offering attractive vendor finance programs for over 30 years,” stated Jim Borland, Team Leader of the US Energy Division. Jim also stated that they are now excited to work very closely with Indoor Harvest and their clients. “Attractive financing offered by US Energy Capital will make the acquisition of cultivation hardware and facility build outs through Indoor Harvest much easier and quicker.” US Energy Capital will be offering no payments during implementation and installation for qualified companies.

OneWorld is an Austin, Texas-based independent business finance company founded in 1995 that provides various forms of commercial finance to companies throughout the United States. Although focused on equipment finance and working capital, OneWorld also works with service companies, manufacturers, healthcare providers and municipalities to help its customers plan for and acquire funding for capital acquisitions, refinancing and operational expansion. Its US Energy Capital division focuses on lighting, energy saving and production assets.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.