Many farmers have had a tough year not only due to Covid but adverse weather conditions. When any opportunities come your way, you naturally want to seize the reins. That’s where our speedy finance comes in.
When presented with a chance to purchase land or property, you often don’t have time to apply for a conventional loan in time.
For instance, if you get a chance to buy your tenancy, speed is of the essence. UK Agricultural Finance can provide you with a loan based on the value of your land, instead of the discounted purchase price.
Our team regularly helps those with a tenancy with a right to buy to raise the sufficient capital. Once you receive finance, you can then apply for a more conventional lender for cheaper refinancing.
Our loans are also used for a range of other applications, including renewable energy.
Changes in farming could potentially reduce carbon emissions by 70% by 2036, according to one recent study. This is an excellent way to reduce costs and make your farm more environmentally friendly at the same time.
UK Agricultural Finance is continuing to lend throughout the Covid-19 pandemic, although we have had to tighten our risk criteria. Now is the time to create a business continuity plan to ensure you thrive in the future. We’re dedicated to responsible lending and connect you with an experienced loan officer.
If you have a tenancy with a right to buy and need a loan, don’t hesitate to make an application today.