ISC Future Finance recently partnered with large vegetable growers who were seeking solutions to mitigate rising electricity costs, which were impacting their tight profit margins. Working closely with the client, ISC identified LED lighting and a roof-mounted solar installation as the optimal solutions to address their concerns.
After completing necessary checks on grid connection, planning, and structural surveys, ISC facilitated a funding package tailored to the project’s needs. This project finance arrangement involved two different suppliers, with stage payments structured to align with project milestones.
The funding package, totalling £260,000, was designed to be both affordable and to generate savings exceeding the cost of finance. LED lighting, with its numerous benefits, played a significant role in achieving these objectives.
LED (Light Emitting Diode) lighting has transformed agricultural practices by offering precise control over light quality, intensity, and duration. Here are several key benefits of LED lighting in agriculture:
- Energy Efficiency: LEDs consume significantly less energy than traditional lighting sources, leading to reduced electricity costs for farmers.
- Customisable Spectra: Growers can tailor the light spectrum to meet specific crop requirements, optimising photosynthesis, flowering, and fruiting.
- Year-Round Cultivation: LEDs enable indoor and vertical farming, extending growing seasons beyond traditional limitations, particularly beneficial in regions with harsh climates or limited arable land.
- Increased Yields: Properly designed LED systems promote faster growth, better nutrient absorption, and more efficient resource utilisation, resulting in higher crop yields.
By leveraging LED lighting technology and innovative financing solutions, ISC Future Finance is committed to supporting agricultural businesses in maximising efficiency, reducing costs, and achieving sustainability goals.
For more information about ISC Future Finance and its specialised financing solutions for the Horticulture sector, please visit https://iscfuturefinance.co.uk
About ISC Future Finance:
ISC Future Finance is a leading commercial finance brokerage specialising in sourcing funding for businesses within the Agricultural, Renewables, Schools and Academies, Manufacturing, Vehicles, and Healthcare sectors. With a focus on innovation and sustainability, ISC Future Finance empowers businesses to achieve their growth objectives while fostering positive impact in their communities and industries.
Contact:
- ISC Future Finance
- Rachel Galbraith, Director
- 07901 710869 / 01623 203590
- rachel.galbraith@iscfuturefinance.co.uk
- https://iscfuturefinance.co.uk
