Our Head of Sales, Ben, was approached earlier in the year to discuss a secured business loan for the purpose of funding a new business opportunity to compliment the large-scale arable farming operation and already live rental and diversification portfolio ran by our client.

The new site consisted of a stunning large country house with indoor swimming pool, 136 acres of manicured parkland and substantial equestrian facilities. the business opportunities for this new project were clearly plentiful after a standard site visit conducted from Ben, as we do on any secured business loan transaction, our client provided financials and forecasts supportive of a funding facility of this size which provided new multiple income streams from the new site, these consisted of a wedding venue with accommodation, camping and glamping, fisheries and equestrian holidays, to name a few..

We worked with our client and found a secured business loan payment profile which suited the clients cashflow and we quickly provided an approved credit decision from our in house underwriters and passed over to our legal team to complete the transaction for our client.

This is one of many projects of which we have been able to provide our own funding for, this was an amount of £1.5m on a 30 year structure, we fixed this repayment profile for 5 years giving our client a fixed monthly payments so they were assured this was not going to change, giving them peace of mind for the 5 years, this gave them the ability to focus on running their business without having to monitor repayments changing each month.

if you have an idea, dream or an opportunity on the horizon, we encourage you to pick up the phone and give our friendly agricultural finance specialist team a call to discuss these, it may just be easier than you thought to get things started.

 

Copyright © 2024 Rural Asset Finance

Marketing by Unity Online