Harrogate-based Rural Insurance supplies insurance to the agricultural and rural economic sector.
It hopes the partnership with UKAF will allow farmers to secure capital in order to grow and innovate their businesses to ensure they remain competitive and profitable.
UKAF’s loans run from three months to seven years and are secured against agricultural land and property.
“We know there is an appetite for growth as we see more and more agricultural insurance risks expanding and diversifying into new areas,” said David Cahoon, managing director at Rural Insurance.
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“No matter how large or small, farmers and landowners are actively seeking new ways to develop their businesses.
“We recognise that it’s essential for farmers to secure finance in order to maximise these opportunities, which is why we’re delighted to be working with UK Agricultural Finance.”
Robert Suss, co-CEO at UK Agricultural Finance (pictured above), added: “UK Agricultural Finance provides much-needed business finance to rural communities across the country and is able to provide secured loans for many different opportunities, for example, to help farmers diversify, acquire more land, build renewable energy projects, restructure, buy more livestock, help families with generational transfer and provide tenant farmers capital to purchase their farm.”