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WINTER 2015

Grants and funding Look at your borrowing position
With BPS payments potentially being delayed and cash flow If you need to approach your bank for further help, do it as
tight, there has never been a better time to use all of the soon as possible to see what options are available to you.
grants and subsidies on offer to farmers. We are here to help For example, you may be able to increase your overdraft
you find out which of these funds you are eligible for and facility, and by doing this before you reach your current limit
assist you with the entire application process, giving you the you will avoid unplanned borrowing fees and excessive daily
best possible chance for acceptance. charges.

Diversification If you already have loans, consider converting them
Diversification has been something that many have to interest-only repayments until the industry starts to
considered over recent years and with so many viable options recover again – this can reduce your monthly repayments
for farmers, it makes sense to keep an open mind during significantly.
these challenging times. We’ve seen farmers successfully
diversify, creating new openings to increase profitability Agricultural consultants
through renewables, farm shops, tourism opportunities and Using the expertise of our agricultural consultants can
more. Look beyond what you currently do to consider the generate great results for your business and is one area
future sustainability of your business. where spending money would be a strong investment
to seeing greater returns. Our consultants will suggest
“...there has never been a better time to numerous ways you can improve how you run your business;
use all of the grants and subsidies on offer from feed and forage analysis to dairy performance
to farmers.” management. This valuable input can help increase your
yield, cut your costs, and add real value to the way your
business operates.

Our Agricultural team have grown up in the industry and understand
first-hand the struggles you face each day. They are here to help you, so
give them a call on 01228 711888 for more information on ways your
business can ride out the storm!

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