Rural Insurance has teamed up with specialist agricultural business lender, UK Agricultural Finance (UKAF), to provide farmers and landowners with access to flexible and secured finance solutions.
Agricultural finance requires specialist knowledge and a lender able to offer traditional face to face underwriting.
Rural Insurance and UKAF know rural property and rural businesses, the challenges they face, and how to find solutions to business lending where a ‘one size fits all’ doesn’t work.
UKAF’s loans run from 3 months to 7 years, secured against agricultural land and property.
David Cahoon Managing Director of Rural Insurance said: “We know there is an appetite for growth as we see more and more agricultural insurance risks expanding and diversifying into new areas.
“No matter how large or small, farmers and landowners are actively seeking new ways to develop their businesses”.
“We recognise that it’s essential for farmers to secure finance in order to maximise on these opportunities which is why we’re delighted to be working with UK Agricultural Finance,” says Mr Cahoon.
With short and long-term loans available, farmers can secure capital to grow and innovate their businesses to ensure they remain competitive and profitable in an ever changing agricultural sector.
Robert Suss, Co-CEO of UK Agricultural Finance commented: “UK Agricultural Finance provides much needed business finance to rural communities across the country and is able to provide secured loans for many different opportunities, for example 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.”
“We are excited to be working with Rural Insurance and look forward to helping provide farmers with the funding they need to diversify, sustain, grow and improve their businesses.”
About Rural Insurance
Headquartered in Harrogate, Rural Insurance is reshaping insurance for an agricultural and rural economic sector that is growing and adapting to demographic and technology changes.
Dedicated entirely to meeting the needs of rural communities, Rural Insurance’s fresh progressive approach gives customers the confidence to realise new opportunities.
Further information visit: www.ruralinsurance.co.uk
UKAF is a specialist business lender to the agricultural sector, providing traditional, responsible lending to farmers throughout England, Scotland and Wales.
UKAF recently increased its lending capacity by £150m and is backed by leading financiers, family offices and private equity.
Further information visit: www.ukagriculturalfinance.com