Alchemy Business Finance has secured a £10 million Medium Term Note (MTN) facility from LGB & Co. Limited, strengthening its funding base and supporting the continued expansion of its funding activities across the UK agricultural sector.
As a direct funder dedicated exclusively to agriculture, Alchemy provides tailored finance solutions to farmers, equestrian businesses and forestry operators. The new MTN facility will enable the business to significantly grow its funding book across its two core product areas: asset finance and bridging loans.
Medium Term Note facilities are a flexible capital markets funding structure, allowing specialist funders to raise medium-term debt under a defined programme while retaining control over drawdowns and deployment. For Alchemy, this facility provides additional capacity and balance-sheet strength to meet rising demand for pragmatic, sector-specific finance within agricultural industries.
Supporting Growth Across Asset Finance and Bridging Loans
The additional £10m line of credit will be used to support increased funding to agricultural businesses seeking to invest, expand or manage cash flow challenges.
In asset finance, the facility will allow Alchemy to fund a greater volume of machinery, equipment and vehicle purchases — including tractors, harvesters, forestry equipment, specialist equestrian assets and other essential working machinery. Asset finance remains a vital tool for agricultural businesses looking to modernise operations while preserving working capital and managing seasonal income patterns.
In bridging finance, the expanded funding capacity will support short-term lending requirements such as land and property purchases, refinancing, development funding and time-sensitive transactions. Bridging loans are increasingly used within agriculture to provide flexibility where traditional lenders may be unable to embrace diversification, move quickly or accommodate complex rural assets.
By securing funding through an MTN structure, Alchemy is able to deploy capital efficiently while maintaining the flexibility required to serve a sector where timing, weather, markets and operational demands rarely fit standard lending models.
Strengthening a Specialist Agricultural Funder
Dean Pollen, Managing Director of Alchemy Business Finance, commented:
“This £10 million Medium Term Note facility is a significant step forward for Alchemy. It strengthens our balance sheet and allows us to support more farmers, equestrian businesses and forestry operators with the funding they need to invest and grow. Working with LGB & Co. has given us access to a flexible capital structure that aligns well with our specialist agricultural focus and long-term growth plans.”
The facility also reflects growing confidence from the capital markets in specialist, sector-focused funders that combine strong underwriting with deep industry knowledge. With agriculture facing ongoing pressures from rising costs, regulatory change and the need for continual investment, access to reliable and responsive funding remains critical.
Looking Ahead
With the new MTN facility in place, Alchemy Business Finance is well positioned to continue expanding its loan book while maintaining its focus on relationship-driven funding and in-house decision-making. The business plans to use the additional capacity to support more agricultural enterprises across England, Wales and Scotland, ensuring agricultural businesses have access to funding solutions designed around the realities of the sector.
About Alchemy Business Finance
Alchemy Business Finance is a UK direct funder specialising in asset finance, bridging loans, and bespoke business funding solutions to the agricultural sector. With a focus on responsive service and practical funding structures, Alchemy helps agricultural businesses access the finance they need to invest, grow, and thrive.
About LGB & Co. Limited
LGB & Co. Limited is a London-based capital markets and investments firm that structures and supports capital raising and investment solutions, including Medium Term Note programmes, for corporate clients and investors. Founded in 2005, LGB has extensive experience connecting growing businesses with private credit and investment capital.