Source: Rhonda Brooks, AGWEB, 7/17/19


A new partnership announced on Wednesday between Finance of America Holdings LLC and FarmOp Capital looks to address what the two organizations describe as a “lending void in agriculture.” “In our view and understanding of what's happening in agriculture is an evolution, the ownership of the land is being separated from the operator of the land,” explains Bill York, CEO of FarmOp. “So you have significant renters operating very sizable operations that don't have the traditional assets of farm real estate to offset some of the credit risk.”

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