News

05 Oct 2018

Specialist lender expands loan book

UK Agricultural Finance (UKAF) has announced that it has secured important funding from one of the UK’s leading institutional investors.

The investment will allow UKAF to build on the success of its bridge finance offering, to provide much needed term funding for the rural community. This investment will provide capital enabling UKAF to expand its loan book by up to £150 million and is an important development as UKAF continues to increase its financing offer.

The specialist lender is now providing capital from three months to seven years, secured against agricultural land and property to help farmers diversify, acquire more land, build renewable energy projects, restructure, buy more livestock, help families with generational transfer and provide tenant farmers capital to purchase their farm.

Robert Suss co-founder of the business said, “This additional capital will enable us to provide loans of up to seven years to help farmers diversify, sustain, grow and improve their businesses.  Securing this funding is a testament to the strength of our team, risk management and business model.

“We are thrilled that this funding will enable us to continue to grow our activities within the UK farming sector making a difference by giving more customers the access to finance they need.”

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Rural finance, business finance, farm diversification, rural business ideas, financing a farming business, UK Agricultural Finance