WHAT'S THE BEST BANK FOR FARMERS?

Little Karoo

Member
Mixed Farmer
Location
Taplow
no such thing as a 'bank' these days.....just big computers that you put data in OR wait in a long que at a local branch for the sole remaining employee to do:(
Well I know what you mean. I perhaps should have phrased the question differently.
I guess I mean which App is the best and which Bank was more likely to loan to Farmers!
 

haybob

Member
Livestock Farmer
I'm with HSBC but I found AMC the best for getting a loan organised. I never actually borrowed anything in the end but they were the most helpful.
 

hally

Member
Location
cumbria
If you need a fixed loan or mortgage we find AMC the best and just use the local building society for the rest but they won’t do overdrafts if that’s what you need .
 

Little Karoo

Member
Mixed Farmer
Location
Taplow
Do you have a Relationship Manager? Also is the APP easy to use. Sorry I know these sound strange questions but we went with STARLING and found our Accountant can't get Access to their Accounts Software plus App doesn't generate Receipts + no one specifically deals with business Accounts.
 

Little Karoo

Member
Mixed Farmer
Location
Taplow
If you need a fixed loan or mortgage we find AMC the best and just use the local building society for the rest but they won’t do overdrafts if that’s what you need .
My late Father used AMC so I'll try them I think. They are owned by Lloyds so I think I will see if anyone banks with them also
 

Renaultman

Member
Arable Farmer
Location
Darlington
We use Virgin money. Used to be Clydesdale.

According to our bank manager, they consider themselves a agricultural bank. Haven't had any issues with them.
I'm with Yorkshire, now Virgin I'd be lyoy if it said I hadn't had issues with them but everytime I've discussed potential future investment they have been very amenable haven't actually borrowed anything off them yet. They have also stuck with me through some very lean times in the past.
 

midlandslad

Member
Location
Midlands
Does anyone on here have experience of partial amortising loans, where the loans are on a long term 20/25 year profile but the agreement is only for 5 years and full reviews after this period?
 

Chae1

Member
Location
Aberdeenshire
I'm with Yorkshire, now Virgin I'd be lyoy if it said I hadn't had issues with them but everytime I've discussed potential future investment they have been very amenable haven't actually borrowed anything off them yet. They have also stuck with me through some very lean times in the past.
We've a large overdraft with them.

Bought a new combine through there asset finance department this year too.
 

Renaultman

Member
Arable Farmer
Location
Darlington
We've a large overdraft with them.

Bought a new combine through there asset finance department this year too.
I've used asset finance a lot, when I was buying wagons they almost invariably beat the manufacturers own finance companies, when my next grain cheque cones in I will be overdraft free, for a short while. For the first time in a lot of years.
 

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Written by Charlotte Cunningham from CPM Magazine

JCB has launched new Fastrac 4000 and 8000 Series tractors with an all-new electronics infrastructure which is claimed to deliver higher levels of performance. According to JCB, the new Fastrac iCon operator environment has three key features: iConfigure – creating a bespoke control experience for every operator iConnect – integrating advanced precision agriculture technology iControl – redefining operation through new driveline software The 175hp to 348hp (133kW to 260kW) Fastracs feature the new iCon armrest console and touch-screen display to provide flexibility in operator allocation and operator information, as well as a new transmission control strategy to enhance operator comfort and powertrain efficiency, says the manufacturer...
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