Solar Resilience for Farmer’s Hardware

Overview

Raised this Round: Raised: $264,100

Total Commitments ($USD)

Platform

Climatize

Start Date

11/29/2023

Close Date

12/23/2023

Min. Goal
$120,000
Max. Goal
$264,140
Min. Investment

$5

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.00%

Term Length

3.0 years

Year Founded

2023

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Cedar Grove, North Carolina

Business Type

High Growth

Solar Resilience for Farmer’s Hardware is raising funds on Climatize. The project involves a solar revolution for Farmer’s Hardware, a family-owned business in Somerville, Tennessee. Solar Resilience for Farmer’s Hardware aims to cut costs for the business and ensure resilience in times of local power outages. The project includes the construction of a 53.6kW solar installation complemented by 122.88 kWh of battery storage and has received a grant from the US Department of Agriculture’s Rural Energy for America Program. John Carey, Lester Crafton, and Chris Snodgrass founded Solar Resilience for Farmer’s Hardware in May 2023. The current crowdfunding campaign has a minimum target of $120,000 and a maximum target of $264,410. The campaign proceeds will be used for the construction of the solar project.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$500,037

$500,037

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/29/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Solar for Liberty Hill Farms 07/27/2024 Climatize - $916,100 Debt Active RegCF
Countryside Solar Portfolio 05/03/2024 Climatize - $885,000 Debt Funded RegCF
La Finca’s Solar Energy Project 04/18/2024 Climatize - $100,000 Debt Funded RegCF
Solar for Debra’s Family Farm 03/28/2024 Climatize - $29,965 Debt Funded RegCF
Solar Harvest for Howle Farms 03/13/2024 Climatize - $309,200 Debt Funded RegCF
Shifting Gears to Solar 03/03/2024 Climatize - $144,400 Debt Funded RegCF
Light Up Rural America 12/28/2023 Climatize - $310,000 Debt Funded RegCF
Solar Resilience for Farmer’s Hardware 12/22/2023 Climatize - $264,100 Debt Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Solar Resilience for Farmer’s Hardware on Climatize 2023
Platform: Climatize
Security Type: Debt

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