A farming partnership in Northumberland approached Moorgate Finance looking to diversify into higher yield-cattle farming. To support their long-term growth plans, they needed fast access to capital that would allow them to expand operations without disrupting cash flow.
The Highlights
✅ £725,000 raised across two tailored funding facilities
✅ £500,000 interest-only refinance secured against older farm machinery
✅ Alongside a £225,000 unsecured loan over 48 months
✅ Enabled the development of four new barns ahead of schedule
✅ Helped secure supermarket contracts and accelerate revenue generation
The Challenge
The farming business needed funding to develop four new barns increase livestock capacity and support its move towards more profitable cattle farming. Waiting for grant funding would have delayed the projects significantly, slowing expansion plans and limiting the farm’s ability to secure new revenue to opportunities in the short term.
The deal required a finance structure that would keep monthly commitments manageable while major capital expenditure was taking place, ensuring the business could continue operating efficiently during the transition period.
The Solution
Moorgate Finance arranged £725,000 across two tailored facilities to support the farm’s expansion plans. This included a £500,000 interest-only asset refinance and equity release facility, secured against older farm machinery, alongside a £225,000 unsecured loan over 48 months.
The structure was carefully designed around the farm’s business plan, allowing for lower monthly commitments while the new barns were being developed and the cattle operation scaled up to full capacity. Strong exit strategies and detailed forecasts also provided confidence for the longer-term sustainability of the funding arrangement.
By securing funding quickly, the farm was able to build the barns sooner than anticipated, enabling them to secure supermarket contracts and begin generating significant additional revenue immediately, rather than delaying growth while waiting for grant approvals.
Need funding solutions like these for your business? Give us a call on 01908 92 62 62 or head to www.moorgatefinance.com/apply-now to start the conversation.
