UK AGRICULTURE SITS ON AN EQUITY GOLDMINE
Banks are “falling over themselves” to lend to farmers because of the growing value of agricultural land and the sector’s excellent credit record. The result is that farmers can afford to be bold in their investment decisions because lenders are less concerned about what purpose borrowed funds are used for. In turn this is providing a wide variety of enterprise opportunities. The report and the confident outlook comes from Simon Dixon Smith of Land Partners (LLP), the new advice team for farmers in the eastern region. “Banks will offer funds on a five year fixed term at around 4.5%,” he...
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