Process

We aim to make securing a loan from us a simple and transparent process. While the amount of information and legal requirements may seem daunting at first, getting organised from the outset and understanding the main steps should ensure your loan application is swiftly and effectively processed.

Step 1

Step 2

Step 3

Step 4

Step 5

Step 6

Step 7

Step 8

rail
Step 1

You have an idea on how to diversify your business

  • Research + expert advice
  • Business plan
Step 2

You contact us

  • How much would you like
  • What the funds are for
  • What’s the security worth
  • When do you need the money
  • Any existing debts
  • How will you repay us
  • Anything else we should know
Step 3

We send you a decision in principle for you to accept

  • How much we can lend, the interest rate and any fees
  • Your only commitment at this stage is for the costs payable in advance (typically part of our legal fees, your legal fees and the valuation fees
Step 4
Your application goes to a dedicated loan officer:
  • They help and guides you through the process from start to finish
  • We instruct an independent valuation of your current property
  • You appoint a solicitor to act for you
Step 5

Your loan officer asks for information, such as bank statements, business accounts, tenancy agreements, your business plan, your team’s expertise and the plan to repay our loan.

We do credit and land registry checks and our solicitor works with yours on normal conveyancing checks.

Step 6

We visit you at the farm to get to know you and your current business, as well as your new plans and then review your repayment plan.

Step 7

Your solicitor explains everything and you ask about anything you don’t understand. You sign to confirm having received independent advice, then the contracts, PGs and/or debentures.

We sign and the loan completes. You receive the funds.

Step 8

You build your business and repay our loan

Step 1

You have an idea on how to diversify your business

  • Research + expert advice
  • Business plan

Step 2

You contact us

  • How much would you like
  • What the funds are for
  • What’s the security worth
  • When do you need the money
  • Any existing debts
  • How will you repay us
  • Anything else we should know

Step 3

We send you a decision in principle for you to accept

  • How much we can lend, the interest rate and any fees
  • Your only commitment at this stage is for the costs payable in advance (typically part of our legal fees, your legal fees and the valuation fees

Step 4

Your application goes to a dedicated loan officer:
  • They help and guides you through the process from start to finish
  • We instruct an independent valuation of your current property
  • You appoint a solicitor to act for you

Step 5

Your loan officer asks for information, such as bank statements, business accounts, tenancy agreements, your business plan, your team’s expertise and the plan to repay our loan.

We do credit and land registry checks and our solicitor works with yours on normal conveyancing checks.

Step 6

We visit you at the farm to get to know you and your current business, as well as your new plans and then review your repayment plan.

Step 7

Your solicitor explains everything and you ask about anything you don’t understand. You sign to confirm having received independent advice, then the contracts, PGs and/or debentures.

We sign and the loan completes. You receive the funds.

Step 8

You build your business and repay our loan