MIP #410 - How Do You Fund Subscriptions With Alan Hoskins

Contact Alan @
Phone: 618-926-0463
ahoskins@americanfarmmortgage.com

Summary
In this episode, Casey Seymour and Alan Hoskins discuss the impact of subscription-based models and technology on the agriculture industry. They explore the breakeven point, the environmental impact of technology, and the challenges and considerations for lenders in financing equipment and technology. They also discuss the future of equipment financing and the potential shift in business models. Additionally, they touch on the importance of using data and technology to build relationships with landlords. Overall, they have an optimistic outlook for 2024 and emphasize the value of understanding and leveraging technology in the industry.

Takeaways
1. Subscription-based models and technology are increasingly important in the agriculture industry.

2. Lenders need to understand technology's breakeven point and environmental impact when financing equipment.
The future of equipment financing may involve separating equipment and technology financing.

3. Technology and data can be used to build relationships with landlords and demonstrate value.
4. Understanding and leveraging technology is crucial for success in the agriculture industry.

Chapters
01:33 Introduction and Background
02:39 Subscription-based Model in Agriculture
04:33 Lender's Perspective on Subscription-based Model
05:49 Breakeven Point and Environmental Impact
07:00 Understanding the Value of Technology in Equipment
08:04 The Future of Equipment Financing
10:10 Separating Equipment and Technology Financing
11:08 Ownership of Technology and Collateral
12:27 Technology Fee and Financing Operating Lines
13:59 Impact of Technology on Lending and Business Models
19:50 Impact of Technology on Land Rental Agreements
22:03 Outlook for 2024
27:35 Using Technology to Build Landlord Relationships
29:33 Trend of Upfront Cash Rent Payments
32:39 Creating Value with Data and Technology
33:38 Contact Information and Conclusion

Click To Watch:
https://youtu.be/DeddTQbTL7g

Presented By @AxonTire @TractorZoom @AgDirect @FarmCredit @ValleyTransInc @Anvil_AppWorks @IronSolutions

Music By: @TalbottBrothers

Co-host: Aaron Fintel @Aaronfintel
Host: Casey Seymour @casey9673
#agequipmentbusinesstal #letsgomovesomeiron

Contact Me at:
MovingIronLLC.com
movingironpodcast@movingironpodcast.com