01604 969508
enquiries@abfltd.co.uk
We understand the challenges of farmers and how difficult it is to raise funds from the bank to help your business running smoothly. Even more so for tenant farmers, or those with a bad credit history.
  • Simple, quick phone application
  • Finance from £10,000 to £5,000,000
  • Funding terms from 3 months to 5 years
  • Bad credit history, large debts – No problem!
  • High street banks unsupportive
  • Tenant Farmers welcome
  • Competitive Rates
  • Tax Efficient
  • Decision within 24 hours
Get Started

Financing case study:

£22,500 for tractor purchase

Location: Nr-Exeter, Devon

General Background

This arable farmer had an ageing tractor which needed replacing urgently because of a failed gearbox and he was due to begin drilling. His high street bank couldn’t help in a short timeframe as loan applications were taking a minimum of two months for a decision and there were no guarantees of it being successful.

Finance Background

  • Sole trader
  • Tenant Farmer
  • Maxed out on £20,000 overdraft but well managed
  • Small loss in business accounts for last 2 years
  • One other equipment finance agreement with 2 years to run

Alchemy Funding Approach

  • Type: Sale & Leaseback
  • Term: 60 months
  • Funding security to value: 48%

Security

  • Tractor being purchased
  • Round baler
  • Bale trailer
  • Pickup truck

Rate

  • 6.9% net
Back to all our financing case studies

When you need us, we’re here to help you

Alchemy Business Finance Blue Tractor and Closed Bank
  1. Get in touch to see how we can help
  2. We’ll discuss your options
  3. Complete a short application to proceed
  4. Get your decision within 24 hours
  5. Funds are typically paid out within the next 48 hours

Call us today on: 01604 969508, email: enquiries@abfltd.co.uk, or complete the form to get in touch.

Our finance is only available to agricultural businesses based in England, Scotland and Wales.

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