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:

£50,000 for an agricultural contractor for debt consolidation

Location: Nr-Colchester, Essex

General Background

This midsize agricultural contractor was struggling with cashflow as a consequence of 5 outstanding finance agreements and late payments by clients. Other lenders he’d approached required a charge on a property but he wasn’t a property owner. He also had a bad credit history with several CCJ’s and missed payments on some of the finance agreements.

Finance Background

  • Partnership
  • No property owned
  • Maxed overdraft at £60,000
  • Five other finance agreements
  • Previous CCJ’s
  • Business showed a loss last financial year
  • Not a viable client for the high street banks

Alchemy Funding Approach

  • Type: Sale & Leaseback
  • Settlement of 5 outstanding finance agreements into a single agreement with fixed monthly payments
  • Term: 48 months
  • Funding security to value: 45%

Security

  • 2 x tractors
  • Telehandler
  • Combine harvester
  • Mitsubishi Shogun
  • Tedder

Rate

  • 7.2% 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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