Haydock Launches New Agri Specialist Product
Haydock Finance’s Agricultural division are pleased to announce the launch of a new product. The team shared the news with its broker partners in Haydock’s first webinar to focus specifically on finance for the agricultural sector. The new asset finance solution, Dairy Cattle Finance, includes refinancing and has been designed to support British farmers with their cattle purchasing and cash flow requirements.
Head of Agriculture, Jon Hercman, comments, “The agricultural industry makes up more than 9% of the UK’s SMEs so we have been focused on developing more specialist finance solutions since our division launched in September last year. Dairy farming is a key sector within agriculture, with UK dairy farmers producing 15 billion litres per annum across over 12,000 farms. We are thrilled to be adding a dairy finance solution to our portfolio to help British farmers invest in becoming more profitable and efficient.”