Rob Suss

UKAF bolsters product range after securing investment

UK Agricultural Finance (UKAF) hopes to expand its loan book by up to £150m after securing new funding from a UK-based institutional investor.

The investment will allow UKAF to build on its bridging finance offering to provide funding for the rural community.

The specialist lender is now providing capital from three months to seven years, secured against agricultural land and property.

UKAF’s funding allows farmers to diversify, acquire more land, build renewable energy projects, restructure, buy more livestock, help families with generational transfer and provide tenant farmers with capital to purchase their farm.

“This additional capital enables us to provide loans up to seven years to help farmers diversify, sustain, grow and improve their businesses,” said Robert Suss, co-founder of UKAF (pictured above).

“Securing this funding is a testament to the strength of our team, risk management and business model.

“We are thrilled that this funding enables us to continue [to] grow our activities with the UK farming sector making a difference by giving more customers the access to finance they need.”

The new investment follows UKAF’s announcement that it has joined NatWest’s Capital Connections.

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