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A business guide for Young Farmers
from NFYFC and Savills

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How much and why?

  • There are a number of funding solutions a new business should consider, the best funding option will depend on multitude of factors and can only be assessed on a business by business basis. 
  • Before drawing up a strategy, it is important to understand how much finance will be needed and for how long the finance will be required. This will affect the type of finance you will need.
  • You will also need to tell the lender what you need the finance for and what are the risks – they will want to see your business plan.
  • You will also need to consider if you have any property assets or a willing guarantor who will provide security for the debt – this will make borrowing much easier.