62 - Crowd Funding Agriculture

The Business of Agriculture is capital intensive, cyclical, seasonal, and generally reliant on outside cash for expansion. For decades we’ve relied on Ag lenders to finance our industry, but is that all changing? Austin Maness, Chief Operating Officer of Harvest Returns is my guest. His company connects Ag entities in need of capital with outside investors seeking diversification. Agriculture has always had outside money (think of farm land owned by heirs who’ve never seen it!) but this is different. Through the concept of crowd funding, Harvest Returns brings outside capital to Ag for as little as a $5,000 initial investment. Stay tuned to the end for our discussion on Qualified Opportunity Zone legislation — a potential boom for rural economic development.