Livestock Finance

Once you decide that you’d like to expand your livestock holdings, our facility can provide a flexible option that can be used repeatedly, allowing you to make judicious purchases or sales, depending on the market. This could include auction purchases, opportunistic B&B contracts, longer term heifer replacement or just the option to fully utilise a good harvest.

Essentially our facility is secured on agricultural land and buildings, but you can use this as a rolling facility as you buy (or sell) livestock throughout the life of the scheme, with no additional costs for drawing or repaying funds within your overall credit limit and no stand-by costs.

Lending Critera Overview

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Loan size
£50,000 to £1,000,000
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Location
England, Scotland and Wales*
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Borrower
Sole traders, partnerships, limited companies
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Loan to value limit
65%
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Security
Agricultural land and property
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Use of proceeds
Revolving finance for livestock
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Age limits
None
Before taking out a loan from us, it’s important to familiarise yourself with our Terms & Conditions.

Step 1

Step 2

Step 3

Step 4

Step 5

Step 6

Step 7

Step 8

rail
Step 1

You decide to add to your livestock holdings, or just introduce new livestock to your farm:

  • Research market and assess additional physical capacity required
  • Business plan
  • Research different funding sources
Step 2

You contact us:

  • How much would you like, what livestock you plan to add and the associated physical resources
  • 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 any costs incurred on legal or 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 the 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 experience with livestock, a net worth statement and the plan to repay our loan
  • We do credit and land registry checks and the solicitors complete 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
  • Understand your repayment plan
Step 7

Your solicitor:

  • Explains everything in the documentation
  • You ask about anything you don’t understand
  • You sign to confirm having received independent advice, then sign the contractual paperwork
  • We sign, the loan completes and you receive the funds
Step 8

You build your business and repay our loan

Case Studies

Livestock Financing for Herd Increase

Our client is a successful beef farmer in the southwest, who managed to secure additional feedstock at a very good price. As a result of, the client sought to increase their herd to take advantage of the excess feedstock.