Time Finance are delighted to announce that they have supported their client, A & B Contractors, with a £750,000 invoice finance and £100,000 XtraTime facility, as they use the funding to help harvest their ambitious growth plans. Established in 1989, A & B Contractors was set up by Richard Barrow, an entrepreneurial farmer with exciting […]
Analysis of the sector by Savills rural research suggests a provisional estimate for the average value of a prime forest traded in 2021 is £25,000 per net productive hectare, up from £15,000 in 2020, a rise of over 60%. This exceptional price growth is most concentrated in large scale asset transactions. The Savills commercial forestry market in […]
A dairy farm in Grassington is set to double capacity with the opening of a new warehouse in Keighley, following a six-figure investment from Lloyds Bank. Town Head Farm is a family-owned milk producer and distributor, led by David Oversby, grandson of founder William Oversby. It sells milk and juices to wholesalers, caterers and supermarkets, […]
The changing seasons brings with it the end to a frustrating harvest for most, the end to the government’s Coronavirus Job Retention Scheme and the end of the busiest time of year for farmland sales. Alex Lawson Savills head of farm and estate agency comments, “Between July and October there was a continuation of the […]
Nova Pangaea Technologies, the UK company which converts woody and agricultural residues into sustainable biocarbons, biofuels, biochemicals and biopolymers, has raised a further £2.4m from existing investors as part of a successful Series A funding round. The latest investment has been led by Par Equity, alongside Northern Powerhouse Investment Fund (NPIF) and Cambridge Angels as […]
A fifth-generation, family-owned potato farm in Cornwall has invested in new equipment that will see productivity more than double, after securing a £400,000 funding package from Lloyds Bank. Situated in Lanlivery, Colwith Farm is a leading grower and supplier of premium quality Cornish potatoes, distributing to wholesale food suppliers and brands including McCain and Burts […]
Farming SMEs are bouncing back from the pandemic nearly twice as fast as other industries, with 96% of business owners reporting that their turnover now either matches or exceeds pre-Covid levels against a cross-industry average of 54%. New research from Paragon Bank also revealed that SME owners within the agricultural sector hold the highest levels […]
An Exmoor-based environmental and ecological projects contractor has acquired new larger premises and significantly increased its capacity, after securing a £400,000 financial package from the Agricultural Mortgage Corporation (AMC), a part of Lloyds Banking Group. GRT Countryside Care Ltd (GRT), which provides specialist services and support for countryside and environmental projects right across the South […]
Bridge Farm Group, one of the UK’s largest producers of ornamental plants, flowers and herbs, has secured £29m of debt finance from specialist lenders Shawbrook Bank and Tosca Debt Capital. As part of Bridge Farm Group’s investment in its operations, the business has developed a 48-acre, fully automated glass house in Spalding. The modern Clay […]
Rural businesses, which are so vital for transforming our food systems, will get a much needed boost from an ambitious new financing programme launched today by the UN’s International Fund for Agricultural Development (IFAD), as part of its broader efforts to address rising hunger and poverty levels in the world’s poorest countries. The Private Sector […]
