UK Agricultural Finance has secured important funding from one of the UK’s leading institutional investors, enabling it to increase its offering to farmers.
The investment allows UKAF to build on the success in its bridge finance offering, to provide much-needed term funding for the rural community.
The capital will enable UKAF to expand its loan book by £150m and is an important development as it continues to increase its financing offer.
“We can now provide loans 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,” says co-founder Robert Suss.
“This additional capital means we can help farmers sustain, grow and improve their businesses. Securing it is testament to the strength of our team, risk management and business model.
“We are thrilled that this funding enables us to continue grow our activities with the UK farming sector, making a difference by giving more customers the access to finance they need.”