Gavin Wraith-Carter

Hitachi Capital launches input finance product for farmers

Hitachi Capital has launched its input finance product directly to British farmers.

The product will enable agriculture businesses to finance inputs — from agricultural chemicals to fertiliser — with loans from £5,000–500,000 and flexible repayment terms.

According to new research commissioned by Hitachi Capital, one in five agricultural SME owners (20%) struggles to prepare for seasonal changes.

Additionally, agriculture businesses were twice as likely as the national average to claim that cash flow was holding their business back (28% vs 14%).

Gavin Wraith-Carter, managing director at Hitachi Capital Business Finance (pictured above), commented: “Using a finance plan for input products helps to navigate through the peaks and troughs, allowing rural businesses to better manage their income and expenditure.

“At Hitachi Capital, we understand the pressures that businesses in the agriculture sector face, and offer solutions that fit the distinct needs of our UK farmers.”

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