Commercial lending company Intelligent Loans has announced the addition of agricultural business lender UK Agricultural Finance (UKAF) to its lending panel.
UKAF provides traditional, responsible lending to farmers throughout England, Scotland and Wales. The funds are used to help farmers diversify, acquire more land, buy more livestock, restructure their businesses or build renewable energy projects.
It also helps families with generational transfers and provides tenant farmers with capital to purchase their farm.
Alun Winter, managing director of Intelligent Loans, said: “We’re hugely excited to announce our partnership with UK Agricultural Finance and we’ve already begun working closely with their team to enhance our proposition. We look forward to enabling more UK farmers to achieve their growth objectives and gain a greater foothold in such a thriving industry.
“We’re committed to offering a flexible and diverse product range to our intermediaries and, with the addition of UKAF to our lending panel, they’ll be able to provide their clients with more choice and take advantage of the increasing number of loans being processed within the agricultural market,” he added.
Robert Suss, co-founder of UKAF, said: “We are very pleased to be working with Intelligent Loans. As a principal lender providing traditional, responsible lending to farmers and the rural community throughout Britain, we needed a provider that shared our values of transparency, simplicity and speed, while having specialist lending expertise and an extensive network – Intelligent Loans ticked all the boxes.