NFU Scotland Finance, a dedicated division of Anglo Scottish which offers bespoke business finance solutions to NFU Scotland’s 9000 members, has completed its first £1 million of business.
NFU Scotland Finance offers tailored loans, commercial mortgages, asset finance, business credit cards, and refinancing opportunities to NFU Scotland members.
In its first few months, NFU Scotland Finance has assisted members with business loans and funding for agricultural vehicles, commercial vehicles and robotic milking machines.
NFU Scotland Finance is confident that it will shortly achieve its second milestone of £2 million with credit approval already received for requests to support asset re-financing; business loans, machinery purchases and further interest in robotic milking systems.
Members can start their quote at: https://www.angloscottishfinance.co.uk/asset-finance/nfu-scotland-finance/
NFU Scotland CEO John Davidson said: "It is fantastic to see this partnership, which is built on a shared philosophy to help NFU Scotland’s members to achieve sustainable and profitable businesses, get off to such a positive start.
“We've seen how impactful and innovative our members can be when they are supported by reliable financial services, and we expect many will use this opportunity to grow their businesses, and thus create a stable future for Scottish agriculture.
“The positive feedback we have received from members who have used the service, highlighting the speed of reply and the competitive lending rates offered, is great news and we hope to have some case studies soon that we can share, highlighting the investment and innovation taking place on our farms and crofts that have been supported by NFU Scotland Finance.” Ends