Financing Case Studies Seeding the Future with Convertible Debt: A Financing Case Study of High Mowing Organic Seeds
A wide variety of financing options across the capital continuum are available to assist with the capital needs of Vermont’s food system businesses. However, navigating through the multitude of financing options can be overwhelming.
In response to the need to help businesses better understand and navigate the variety of financing options available to them, the Financing Cross-Cutting Team of the Farm to Plate Network convened a series of panels that illuminated financing options that different food system businesses have used—High Mowing Organic Seeds and convertible debt, Bread & Butter Farm and a complex farmland deal, Liz Lovely and royalty financing, and Aqua Vitae and convertible debt.
The first financing case study, Seeding the Future With Convertible Debt, focuses on High Mowing Organic Seeds--a producer of more than 600 varieties of vegetable, fruit, herb, and flower seed that employs more than 40 people in Wolcott--and convertible debt.