Serviceability is the Key

No matter what you are looking to borrow money for, proving your farm businesses’ ability to afford repayments remains the key driver to getting the finance.  Few farmers seem to be fully aware that this must be a tick in the box for the lender before proceeding.  Is your overdraft increasing or are you struggling with cashflow?

If you want me to review your finances it may well help you to plan for the next project, expansion or diversification.

Contact Ed Warren at edwarren@fcgagric.com , for an independent banking view on your business.

Midwest Consulting Limited is regulated by the Financial Conduct Authority and is a registered credit broker FRN793780. We are members of the NACFB.

Posted in Business Management, Sherborne.