Location: Dorset
General Background
Two brothers inherited a profitable dairy farm, but one wanted to exit the business to pursue other interests. The remaining brother needed a short-term bridging loan to buy out his sibling’s share without selling land or interrupting operations.
Finance Background
- Partnership
- Property owned outright
- Business producing solid profits
- £50,000 overdraft, well managed
- Below average credit score
Alchemy Funding Approach
- Type: Bridging Loan
- Term: 12 months
- Loan to value: 60% on gross loan
- All fees and interest added to the loan
Security
- First charge on land and buildings
Rate
- Set up fee: 2%
- Exit fee: 1%
- Interest: 1.2% per month

