Chris Smith, Head of Specialist Equipment at Aldermore Bank talks about the bank’s recent expansion into the agriculture sector.
In the dynamic field of agriculture, where seasons, markets and technology intersect, securing financing tailored precisely to your unique and personal needs is increasingly essential.
Aldermore stands as a beacon of support for agricultural business, offering not only expertise but also flexible funding solutions and exceptional service specifically crafted to nurture the growth and sustainability needed within the sector, and to reflect our support of the UK’s farming industry.
Our new agricultural finance offering reflects a deep understanding of the challenges and opportunities that arise within the industry.
Armed with specialist knowledge of the complexities of agriculture equipment, land, and operations, we can provide invaluable expertise to farmers, agribusinesses and rural enterprises alike.
Working directly with both owner and tenant farmers, vendors and manufacturers as well as the asset finance broker community, we’re supporting the industry to access capital, with bespoke solutions to get the assets that they need to grow, rain or shine.
Backing the farming sector
As you know, flexibility lies at the core of the agriculture sector, where the seasonal nature of operations and market fluctuations demand adaptable funding solutions.
We at Aldermore recognise these challenges and offer a range of flexible funding options tailored to suit these diverse needs.
With our diverse funding options, we can help you to finance new machinery to bolster efficiency, help invest in renewable energy infrastructure, or refinance your existing assets to help release capital to fund a wide range of business activities and diversification pursuits.
Alongside this, we have aligned our products to the government support offered in the form of grants.
We understand that these grants come with limitations on additional lending via products such as Hire Purchase, however, in the right circumstances, we can facilitate a loan for owner farmers which will help facilitate asset acquisition of equipment and help with farm improvements.
Our finance solutions are meticulously designed to provide farmers and rural enterprises with the financial freedom they need to thrive in an ever-changing landscape.
Service excellence is not just a goal, it is ingrained in who we are, with a deep-rooted commitment to supporting the growth and success of agricultural businesses underpinning how we operate.
Understanding the importance of prompt and personalised approach, our dedicated team is on hand to provide expert guidance, timely assistance and ongoing support throughout the entire financing process.
Throughout your lending journey with us, we prioritise building lasting relationships based on trust, transparency and reliability, ensuring that every customer feels valued and supported at every stage of their journey.
Find out more about how we can be your flexible finance partner here and help you and your business to thrive.
T&Cs will apply, subject to status and affordability. Any asset used as security may be at risk if you do not repay any debt secured on it.