Helping you to grow your business

Lloyds TSB Commercial Finance provides business funding to the agricultural sector in the form of factoring, invoice discounting and hire purchase facilities. We can help boost cash flow and working capital without the need to take out new business loans or extend overdrafts.

Firms in the agricultural industry, whether they are small organic farms or major cooperatives, face similar challenges when it comes to ensuring they have adequate funding in place to grow their businesses.

In a sector which is significantly affected by seasonality, raw material prices and fluctuating exchange rates, strong cash flow is essential to deal with unpredictability.

Likewise, funding is often required to capitalise on opportunities by ramping up production, investing in machinery or diversifying product line.

Invoice Finance, which includes invoice discounting and asset finance is particularly well suited to agricultural firms as many have significant physical assets (machinery and property) and often have long-term supply agreements which can be leveraged against.  

Lloyds TSB Commercial Finance’s facilities can enable you to:

• Boost cash flow to ensure the business can effectively avoid working capital issues caused by seasonal peaks in demand and exchange rate fluctuations
• Generate the capital needed to invest in boosting capacity, diversifying product ranges or undertake marketing campaigns
• Buy new machinery on a Hire Purchase basis which enables you to use the revenue the item generates over its lifespan to fund its purchase
• Paying cash outright for major investments can significantly reduce working capital and slow down a firm’s plans to grow.

Lloyds TSB Commercial Finance can arrange a tailored plan to ease the pressure this places on cash flow by providing regular, manageable payments.

Whatever the size or need of your agricultural business, our facilities can match the exact requirements of the company.

It’s for this reason that our flexible funding is increasingly becoming the solution of choice in the agricultural sector.

Contact us to find out more about how Lloyds TSB Commercial Finance’s funding packages could assist your agricultural business.

The provision of credit or leasing services by us is subject to your meeting our Credit approval.  Please ensure that you only apply for credit or leasing services that you can comfortably afford.