Barclays has launched a new market-leading lending facility designed to support UK farmers adopting regenerative and sustainable agricultural practices.
The Farm Transition Finance (FTF) proposition offers eligible farmers a 0.3 per cent interest rate reduction on standard term loans, with flexible repayment structures designed to reflect the needs of individual businesses. The facility aims to make investment in nature-friendly changes more accessible by allowing farmers to use existing farm certifications, supply chain programmes and government grants as evidence of transition plans.
Eligibility is not tied to a single initiative. Farmers taking part in recognised schemes such as DEFRA’s Sustainable Farming Incentive (SFI), the LEAF Marque Standard, Soil Association organic certification and Regenified’s 6-3-4 Verification Standard can all qualify, alongside other supply chain programmes demonstrating a commitment to regenerative methods.
Wayne Astridge, Head of Agriculture at Barclays Business Banking, said: “Barclays has a long history of supporting UK agriculture and currently works with over 30,000 farmers. Farm Transition Finance reflects our ongoing commitment to the sector and is a clear example of how we’re working with farmers as they navigate the transition and explore opportunities to continuously improve their sustainable farming practices.”
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