In 2017, the Georgia General Assembly created the Georgia Agribusiness and Rural Jobs Act (GARJA) program, which encourages private investors to put capital to work in small businesses located in the state’s rural communities. Enhanced Capital, with nearly 20 years of small business investment experience, was approved by the State of Georgia to participate in this innovative public-private partnership program and has closed its first GARJA-facilitated deal with Luther Griffin Farm, a family owned farm located in rural Decatur County.

Luther Griffin Farm is a great example of how the GARJA program is working to support Georgia’s rural small businesses. The farm, which is operated by brothers Keith and Craig Griffin, spans 7,400 acres in southeastern Georgia and has been in the Griffin family for two generations. Today, Luther Griffin Farm supports a number of agricultural products including: cattle, peanuts, corn, oats, and more.

Through the GARJA program, Enhanced Capital is providing this family farm with flexible capital that will help the brothers install an irrigation system, expand their cattle herd, reduce legacy costs, and maintain critical working capital. This financing will give Luther Griffin Farm a chance to grow and thrive, and their success will have positive impacts on their employees and the suppliers and vendors in the surrounding community.

Rural communities face a range of economic challenges including the lack of access to capital. These challenges can hold back economic development and contribute to the out-migration of rural residents. Enhanced Capital is proud to participate in the GARJA program, which is taking an important step in the fight to support our small towns and rural areas.