When a livestock farmer in Carmarthenshire, Wales needed additional funding to invest in the future of their farming operation, they required a finance provider who understood the realities of agriculture — from seasonal cashflow pressures and rising costs to the need to act quickly when opportunities arise.
The farmer was looking to upgrade essential machinery to improve efficiency across the farm, while also maintaining working capital to support day-to-day operations and future growth plans.
After reviewing the customer’s circumstances, Alchemy Business Finance Ltd provided a tailored £138,000 asset finance facility, taking an asset-led approach and focusing on the strength of the farming business rather than relying solely on traditional lending criteria.
With a practical understanding of the agricultural sector, the facility was agreed and completed quickly, enabling the farmer to invest in the equipment they needed and continue moving their business forward.
Dean Pollen, Managing Director of Alchemy Business Finance Ltd, commented:
“Agriculture is a sector where no two businesses are the same. Farmers often need finance solutions that reflect how their businesses actually operate — whether that’s managing seasonal income, investing in machinery, or creating opportunities for growth.
At Alchemy Business Finance, we take the time to understand the customer, their assets and their plans for the future. This approach allows us to support strong farming businesses that may not always fit a standard lending model.”