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

Contact Alan @

Phone: 618-926-0463

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