Urban Crop, Siemens Financial Launch Financing Option

WAREGEM, Belgium, Aug 15, 2022 – Urban Crop Solutions and Siemens Financial Services have launched a program whereby, under certain conditions, customers of Urban Crop Solutions can benefit from a financing option offered by Siemens Financial Services.

UCS carrying out virtual tour of ModuleX

Urban Crop Solutions (UCS) supplies end-to-end growth solutions in the fast-emerging global market of indoor vertical farming. Customers that have a sound financial track record will be able to benefit from this new service, jointly offered together with Siemens Financial Services (SFS). The financing offering is currently limited to the countries that SFS is active in today. This however, is expected to change, as SFS is rapidly rolling-out its services across the globe, and is to eventually reach all countries that UCS is active in.

“Finding the right financing for innovative and ambitious projects is not always evident for our clients,” explains Jean-Pierre Coene, CEO of Urban Crop Solutions. “This cooperation with Siemens Financial Services will further accelerate the global growth of our business,” he adds.

“Almost all of Urban Crop Solutions’ projects meet the criteria for projects that Siemens Financial Services is willing to finance. Those being: industrial transformation, smart infrastructure, and the future of healthcare,” explains Christian Vermersch, account manager at Siemens Financial Services. Adding that “all of Urban Crop Solutions’ products moreover contain Siemens’ components inside, which was an additional important consideration when forming this partnership with Urban Crop Solutions for the indoor vertical farming market.”

About Urban Crop Solutions

Urban Crop Solutions is an end-to-end indoor farming solutions provider, supporting clients with contract research trials, business planning, as well as the engineering and construction of indoor farms. Their own award-winning indoor farming solutions can be commissioned and scaled anywhere in the world, from remote islands to crowded metropoles. In its state-of-the-art UCS Research Centre, and with their proprietary PharmSpee technology platform, the team of plant scientists develop recipes for applications ranging from staple foods to ingredients for cellular food products. With a library of 290+ plant growth recipes, 50+ modules deployed globally, and installations in 4 continents, UCS is the go-to partner for commercial growers and public-private research institutes.

For more information, visit www.urbancropsolutions.com.

About Siemens Financial Services

Siemens Financial Services (SFS) – the financing arm of Siemens – provides business-to-business financial solutions. A unique combination of financial expertise, risk management and industry know-how enable SFS to create tailored innovative financial solutions. With these, SFS facilitates growth, creates value, enhances competitiveness and helps customers access new technologies. SFS supports investments with equipment financing and leasing, corporate lending, equity investments and project and structured financing.

Find out more at www.usa.siemens.com/finance.