Multiple unsecured loans for an agriculture business

An agriculture business needed multiple business loans to expand business capacity

Our clients approach

A new client in the agricultural sector, who was referred to MAF Finance Group by an existing client, needed a funding solution to continue with an ongoing project.

The business was in development of a new safe storage building, which would allow for increased orders of horse feed and hay to be stored thanks to the expanded capacity.

How MAF Finance Group supported the client

Due to the client not owning the farmland, and because they only have limited acreage ownership, the option of a singular loan product was less appealing to funders, making it challenging to provide the full loan amount through one loan.

MAF Finance Group therefore decided to leverage its relationship with its extensive panel of funders, to identify two separate unsecured business loans with two respective funders, that would provide the full loan value.

How MAF Finance Group facilitated the intended outcome

From the skill and hard work shown throughout this deal, the client was able to receive two unsecured business loans, at £100,000 each, over 5 and 6-year terms respectively.

The funding has allowed the client to continue the development of their safe storing building, which enables them to securely store an increased amount horse feed and hay, ensuring they can handle increased orders and meet higher demands.

MAF Finance Group ensure a service that is thorough and tailored to meet the specific needs of the client, with the goal of forming long-term working relationships with businesses around the country.

To learn more about our finance facilities, you can email us at [email protected], or if you want to speak directly to us, you can call us on 0115 958 6872 and a member of our team will gladly speak to you.