2 min read
Why agriculture firms need finance
Seed, feed, fuel and labour are paid long before crops or livestock generate income, which arrives in concentrated bursts. The seasonal pattern is extreme in agriculture.
What tends to fit
A seasonal facility funds inputs and is repaid at harvest, while asset finance spreads the cost of machinery over its life.
What it means for you
See the sector view for agriculture. Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online.
Frequently asked questions
How do farms fund inputs before harvest?
With a seasonal facility that covers seed, feed, fuel and labour up front and is repaid when the crop or livestock generates income. It matches funding to the farming calendar.
How do farms fund machinery?
Asset finance spreads the cost of expensive machinery over its working life, so a big purchase does not require paying cash up front.
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Read →Funding for UK limited companies
Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.