Farm Investment Loan
| Adobe Acrobat Reader is required to view this guide |
 |
|
|
|
Flexible finance for agribusiness growth
|
Benefits
Features
Important Facts
Designed specifically for the agribusiness sector, and offering flexibility through a range of features that can be tailored to suit the specific needs of your farming business. Yorkshire Bank's Farm Investment Loan is only available for business purposes to farming customers, seeking to borrow amounts over £25,000, who own the freehold or leasehold of their farm and wish to acquire or invest in its development.
How it works
The Farm Investment Loan is a term loan that takes into account seasonal fluctuations in cash flow and allows you to vary your repayments accordingly. Importantly, it can enable you to purchase fixed assets, as well as business premises from which to trade, or even a business that complements your existing farm activities.
|
Features
|
- Interest-only option from 1 to 25 years
- A range of flexible repayment options. Variable interest rates, fixed interest rates or a combination of these
- Fixed Rate option term from 1 to 10 years
-
An additional fixed rate period can be agreed at expiry if the principle value of loan is greater than £25,000
-
Repayments can be structured around seasonal fluctuations (applies to base rate linked variable rate lending only - this option may increase the overall interest applied to the loan)
- Under the fixed rate option an early repayment charge may apply should the loan be repaid in full or in part during the fixed rate period
- Personal attention - dedicated Agribusiness Partner who can make decisions - fast
|
Complementary solutions
|
Important facts
|
|
|
Interest Rate
- Variable and Fixed rates - available on request from your Agribusiness Partner
- Rates are individually negotiated. The actual rate available will depend upon your circumstances. Ask for a personalised illustration
Repayment Type
- Option of Interest Only and Capital & Interest
- With interest only option your repayment only covers the interest due - you will need to plan a method for repaying the capital
How is interest calculated?
Minimum amount
Maximum amount
- Negotiable
- For amounts over £250,000 you may wish to consider a Tailored Business Loan
|
Minimum Term
Maximum Term
Repayment options
- A range of flexible repayment options available
Alternative Options
What it costs
- Various fees apply - speak to your Agribusiness Partner for more details
Terms and conditions
- Normal Lending assessment applies
- Security will be required
- All terms and conditions are available on request
|
Your home maybe repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Yorkshire Bank is a trading name of Clydesdale Bank PLC which is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Clydesdale Bank PLC, Registered in Scotland (No. SC001111), Registered Office 30 St Vincent Place, Glasgow, G1 2HL. A member of the National Australia Bank Group of companies.
|
|
