Funding to UK agriculture has hit a new high, with 2020 seeing a new peak of money lent to the sector. This is no new trend, with the amount of money lent continually rising over the last 10 years.
With this record, farmers are using almost 86% of the lending facilities available to them. However, this could be due to the drop of £2.4bn in finance facilities available to farming – rather than a rise in the amount of money required in the industry.
2020 was challenging for all, although one silver lining is the role of farmers being highlighted as key workers, with the industry continuing to function as the bedrock of our economy day in and day out. Right now, we are facing some of the largest challenges and changes in a generation, putting British agriculture at a crossroads.
We understand the need for farming businesses to adapt and innovate and recognise the need to embrace 2021 as a year of opportunity, However, even though British agriculture is requiring financial support and understanding, specialised agricultural lending has not always been available.
So, we at Oxbury are stepping up – with each product designed for ease-of-use while staying competitively priced. We are re-igniting relationship-led banking, reintroducing expert and knowledgeable Relationship Managers who know and understand your business.
We know you are dedicated to your farms, and we are 100% dedicated to you. At Oxbury, we want to support farmers who are committed to creating a sustainable, safe, and innovative future.
We stand shoulder to shoulder with British farmers, as you are our priority.
Contact us to see how we can support your farming business with tailored lending and specific savings at www.oxbury.com
Home | Oxbury | The Agricultural Bank
With this record, farmers are using almost 86% of the lending facilities available to them. However, this could be due to the drop of £2.4bn in finance facilities available to farming – rather than a rise in the amount of money required in the industry.
2020 was challenging for all, although one silver lining is the role of farmers being highlighted as key workers, with the industry continuing to function as the bedrock of our economy day in and day out. Right now, we are facing some of the largest challenges and changes in a generation, putting British agriculture at a crossroads.
We understand the need for farming businesses to adapt and innovate and recognise the need to embrace 2021 as a year of opportunity, However, even though British agriculture is requiring financial support and understanding, specialised agricultural lending has not always been available.
So, we at Oxbury are stepping up – with each product designed for ease-of-use while staying competitively priced. We are re-igniting relationship-led banking, reintroducing expert and knowledgeable Relationship Managers who know and understand your business.
We know you are dedicated to your farms, and we are 100% dedicated to you. At Oxbury, we want to support farmers who are committed to creating a sustainable, safe, and innovative future.
We stand shoulder to shoulder with British farmers, as you are our priority.
Contact us to see how we can support your farming business with tailored lending and specific savings at www.oxbury.com
Home | Oxbury | The Agricultural Bank