How safe is your farm borrowing?

Farm finance

De-risk your borrowing when in a strong financial position. When talking to a lender about borrowing its always easier to negotiate from a strong position rather than when under financial pressure. Andrew Troughton looks at some areas where we have been helping farmers reduce risk and reduce annual costs: Review all borrowing – restructure overdraft and… Read More

Posted on July 28th, 2017 by

A Flexible Facility – A safer alternative to an overdraft extension .

With ongoing pressure on working capital there is a strong temptation to increase your overdraft facility but this is often the wrong decision, Andrew Troughton explores an alternative more flexible option. A lot of lending is actually longer term than the typical 12 month overdraft term but not long or permanent enough to need a… Read More

Posted on February 7th, 2017 by

Now is the right time to assess cash needs and consider restructuring debt

Farm finance

The beginning of the year is typically the time when farmers take stock of their finances – often in readiness for the annual bank manager review. Given the generally poor outlook for farm-gate prices especially in sectors such as potatoes and dairy, the task this year may not be one to be relished. However, finding… Read More

Posted on February 12th, 2015 by