Farming is a business made of precision and planning, where financial stability is just as critical as weather conditions and soil health. Yet, rising input costs covering essentials including fertiliser and feed place enormous pressure on farm budgets. With farm input costs increasing by an average of 44% since 2019 (AHDB), many farmers are struggling to maintain cash flow while keeping operations running efficiently.

This is where input finance comes in. Farm loans for seeds and fertilisers are a form of agricultural finance, they enable farmers to purchase critical supplies without needing to pay for them upfront, allowing them to align repayments with their revenue cycle.

With ongoing market uncertainty, farmers need solutions that provide financial flexibility, helping them invest in quality inputs while maintaining working capital.

The growing importance of input finance in UK agriculture

Rising costs and market volatility have made financial planning more complex than ever for farmers. Fertiliser prices have more than doubled since 2020, while feed and fuel prices have risen by as much as 50%, adding financial pressure on farm businesses (AHDB). Many farmers now face unpredictable cash flow, with seasonal income making it difficult to cover upfront costs when revenue is not immediately available.

Market uncertainty caused by policy changes, supply chain disruptions, and climate factors further complicates financial stability. Limited financing options often leave farmers feeling restricted, forcing them to cut back on essential inputs or take on high-cost credit options. Input finance provides a structured and affordable way to manage these expenses, ensuring that farms remain operational and competitive.

A step-by-step guide to using input finance effectively

1. Assess your farm’s input requirements

• Conduct a full audit of your farm’s upcoming seasonal needs, including fertiliser, feed, & other agrochemicals
• Identify essential versus optional purchases to prioritise critical inputs.
• Consider historical data on usage and costs to make informed purchasing decisions.

2. We can offer input finance over a 12-month period

• Opt for seasonal repayment plans that align with harvest profits or livestock sales.
• Factor in possible price fluctuations for inputs and plan your financing accordingly.
• Spread costs strategically to avoid large lump-sum payments at inopportune times.

3. Implement a strong financial tracking system

• Use accounting software or spreadsheets to monitor loan repayments and overall cash flow.
• Regularly review input costs and adjust financing strategies where necessary.
• Maintain detailed records to help with future applications and negotiations with finance providers.

4. Build contingency plans

• Anticipate possible risks such as unexpected weather disruptions or supply chain delays.
• Secure access to emergency credit facilities for unforeseen challenges.
• Keep a reserve fund where possible to cushion against seasonal cash flow dips.

As farming costs continue to rise, flexible financial solutions such as finance for farm supplies will become increasingly vital. More farmers are looking for ways to secure essential inputs without tying up capital, for long-term growth.

Making input finance work for you

With tailored finance options designed for the unique needs of UK farmers, we’re here to help. Our team understands the challenges you face and provides solutions that work with your business, not against it.If you’re ready to explore how input finance can support your business, contact us today to speak with one of our agricultural finance specialists.

The post How Agricultural Finance Can Strengthen Your Farm’s Cash Flow | a Guide to Input Finance appeared first on Peregrine Finance.

It’s important to act now to make the most of the current tax rules, avoid unexpected costs, and ensure your farm or business is in the best possible position heading into the new financial year.

What’s changing with double cab pickups?

From April, double cab pickups may no longer be classified as commercial vehicles for tax purposes. This reclassification could result in these vehicles being treated more like private vehicles, leading to higher taxes and increased running costs.

For farmers who rely on double cab pickups for their day-to-day operations, this change means the financial benefits previously available may no longer apply after April.

Why the end of the financial year is crucial

For farmers, March is a time for reviewing everything from equipment upgrades to vehicle purchases to ensure you’re taking full advantage of the available benefits.

By acting before the new regulations come into effect, you can secure the savings available under the existing system and include these investments in your year-end accounts. Waiting until after April could mean missing out on significant financial advantages.

How these changes affect farmers

If you delay your decision to purchase a double cab pickup, the reclassification could lead to higher costs and increased tax liabilities. This could affect your cash flow, leaving less flexibility for other essential expenses like machinery upgrades or livestock investments. Acting now ensures you avoid these challenges and keep your finances under control.

How we can help

we specialise in providing tailored finance solutions to support farmers and rural businesses. If you’re looking to purchase a double cab pickup before the tax changes, we can help you secure the funding you need quickly and efficiently.

Our team understands the unique needs of the agricultural sector and works to deliver finance options that suit your business goals. Whether it’s funding a vehicle or other end-of-year investments, we’re here to guide you every step of the way.

Act now and secure your savings

With the financial year-end fast approaching and changes to double cab pickups just around the corner, now is the time to act. Contact us today to explore your options and make the most of this crucial period.

📧 salesdesk@peregrinefinance.co.uk
📞 01904 405299

The post Changes you need to know about for the end of the financial year appeared first on Peregrine Finance.

What this means for Woldmarsh members

At Peregrine, we specialise in providing financial solutions to the agricultural, rural, construction and sustainable sectors. Through this introduction, we have the opportunity to present our financing options to over 1,100 Woldmarsh members. These members already benefitting from Woldmarsh’s cost-saving procurement services now have direct access to Peregrine Finance’s flexible and innovative financing options.

For us, this association strengthens our commitment to British agriculture, enabling us to extend our reach and offer more valuable support.

Why this introduction matters

For more than 60 years, Woldmarsh has been a trusted partner for farmers, offering access to competitively priced supplies and services ranging from fuel and machinery to utilities and professional advice. By introducing its members to Peregrine Finance, Woldmarsh aim to provide members with access to specialised financing options allowing them to invest in their businesses with confidence.

It’s important to note that Woldmarsh acts solely as an introducer and is not involved in any financial agreements or decision-making processes.

Woldmarsh members will now have the opportunity to access bespoke financial packages designed to:

Upgrade farm machinery
 Affordable finance options for tractors, combines and other essential equipment.

Expand livestock operations
Flexible finance for livestock purchases, feed and health management.

Fund renewable energy projects
Support for sustainable initiatives such as solar panels or biomass systems.

Support forestry and arboriculture projects
Financing solutions for forestry machinery, tools and land management needs.

Shared values and vision

Woldmarsh’s commitment to its members aligns perfectly with our dedication! We’re both focussed on supporting the farming community. Together, we’re creating an association that strengthens the backbone of British agriculture by combining cost-saving procurement with tailored financial solutions.

Looking ahead

We understand the unique demands of the farming industry. Whether it’s securing the latest agricultural technology, expanding your operations, or adopting sustainable practices, we’re here to support ambitions.

Get in touch

If you’re a Woldmarsh member interested in learning more about our financial services, contact our team.

We help farmers like you seize opportunities and overcome challenges, ensuring that your business thrives now and for generations to come.

The post Peregrine Finance Introduced to Woldmarsh members | Supporting farmers across the UK appeared first on Peregrine Finance.

What is Point-to-Point Racing?

Point-to-Point racing is a traditional form of amateur steeplechase racing, offering a fantastic day of competitive action in a relaxed and social setting. Held in the picturesque countryside at Charm Park, Scarborough YO13 9QU, this event attracts racing enthusiasts, rural businesses, and families looking for an unforgettable day at the races.

What You Could Win

Our giveaway includes:

• Two hospitality tickets to the Charm Park Point-to-Point
• A welcome drink on arrival
• A delicious lunch and wine on the table
• A chance to enjoy the atmosphere of rural racing in a prime location
  
  

How to Enter

For your chance to win, simply:

✅ Like our Instagram competition post
✅ Follow @peregrineassetfinance on Instagram
✅ Comment on the post, tagging the person you’d bring along
✅ Share the post to your story and tag us for an extra entry

Entries close on 24th Feb, and the winner will be announced on 25th Feb!

Why Are We Sponsoring This Event?

We’re passionate about supporting the rural and agricultural communities that make events like this possible. Our expertise in agricultural finance, farm machinery finance, and rural business funding makes us a trusted partner for farmers, landowners, and rural enterprises.

By sponsoring Charm Park Point-to-Point, we’re not only celebrating the sport but also connecting with the people and businesses that drive the industry forward. If you’re attending the event, come and say hello!

Terms & Conditions

Eligibility

The competition is open to UK residents aged 18 and over.

Employees of Peregrine Finance and their immediate family members are not eligible to enter.

Entry Requirements

To enter, participants must:
Like the competition post on Instagram.
Follow @peregrineassetfinance on Instagram
Comment on the post, tagging the person they’d bring.
(Optional) Share the post to their story and tag @peregrineassetfinance for an extra entry.

Entries must be received before the closing date stated in the competition post.

Prize Details

The prize consists of two hospitality tickets to the Charm Park Point-to-Point on Sunday, 2nd March 2024, including lunch, a welcome drink, and wine at the table.

The prize is non-transferable, non-refundable, and cannot be exchanged for cash or any alternative.

Winner Selection & Announcement

The winner will be selected at random from all eligible entries.

The winner will be announced via Peregrine Finance’s Instagram and contacted via direct message.

If the winner does not respond within 24 hours, a new winner may be selected.

General Conditions

This promotion is in no way sponsored, endorsed, or administered by Instagram, Facebook, or any other social media platform.

Peregrine Finance reserves the right to withdraw, cancel, or amend the competition at any time without prior notice.

By entering, participants agree to these terms and conditions.

For any queries, please contact salesdesk@peregrinefinance.co.uk.

The post Fancy a Free VIP Day at the Races? Win Hospitality Tickets to Charm Park Point-to-Point! appeared first on Peregrine Finance.

1. Buy in bulk and save on costs

When paying upfront for large quantities of seeds, fertilisers, or feed, suppliers often offer discounts that can significantly reduce the cost per unit. However, not every farmer has the cash flow to make bulk purchases. With input finance, you can take advantage of these discounts, saving money over time.

Example: Financing a bulk order of fertiliser might cost £300 in interest but could save £1,000 in bulk purchase discounts.

2. Avoid expensive emergency costs

Without input finance, you might resort to more costly alternatives when cash is tight, such as emergency credit or sacrificing input quality. Lower-quality inputs can lead to reduced yields, which ultimately impacts profits.

Pro tip: Use input finance to invest in reliable, high-quality materials to maximise crop or livestock productivity.

3. Maintain cash flow for unexpected expenses

Farming is unpredictable. Machinery breakdowns, weather-related issues, or market price fluctuations can disrupt your finances. By financing inputs, you free up working capital to handle these unexpected costs without compromising operations.

4. Reduce harvest-season pressure

Input finance often comes with repayment terms aligned with your farm’s income cycle. This means you can delay repayment until after the harvest when you have more cash on hand. Avoiding the pressure to pay upfront ensures smoother cash flow management throughout the season.

5. Leverage fixed interest rates to beat inflation

Rising input prices can make it harder to budget effectively. Many input finance providers offer fixed-rate loans, allowing you to lock in today’s prices and avoid the higher costs of inputs next season.

Is input finance right for you?

Think about your current operations and financial needs. Ask yourself if financing will enable you to purchase higher-quality inputs or buy in bulk to reduce costs. Consider whether there are discounts or early-order incentives you could take advantage of with additional funds. Finally, evaluate whether the repayment terms can align with your farm’s cash flow cycles, particularly if your income is tied to seasonal harvests.

If the answer to these questions is yes, input finance could be a valuable tool for reducing costs and improving profitability in the long run.

Get started with Peregrine Finance

We specialise in providing financial solutions for farmers, including input finance. We understand the challenges of agricultural cash flow and offer flexible options to suit your needs.

Ready to save money and maximise your yields?

Contact us today to learn more about how input finance can transform your farming business.

The post Can Financing Your Inputs Save You Money in the Long Run? appeared first on Peregrine Finance.

For many aspiring farmers however, accessing the resources they need to establish and grow their farming enterprises is challenging. This is where agricultural finance comes in, offering solutions to overcome financial barriers and support the next generation of farmers.

The importance of supporting young farmers

Young farmers are critical to the longevity and sustainability of UK agriculture. The average age of a UK farmer is 59, underscoring the need for generational renewal in the industry. Without young farmers, the sector risks stagnation, with fewer individuals available to adopt innovative practices and tackle pressing issues like climate change and food security.

Supporting young farmers not only strengthens the industry but also ensures that the agricultural sector remains competitive, and prepared for future challenges. However, they face several hurdles, particularly when it comes to securing the capital needed to start or expand their operations.

Key challenges faced by young farmers

Young farmers often face difficulties, including:

Limited access to land

High costs and competition make it difficult to purchase or lease farmland.

Financial barriers

Without significant savings or credit history, traditional lending options can feel out of reach.

Rising costs

The price of farm machinery, livestock, and inputs like seeds and fertilisers continues to climb.

Business complexities

Navigating the intricacies of running a farm as a business can be daunting for those just starting out.

These challenges can feel overwhelming, but agricultural finance provides tailored solutions to help young farmers overcome them.

How agricultural finance supports young farmers

Agricultural finance offers a range of flexible options designed to meet the specific needs of farming businesses, particularly for those at the start of their careers. 

Key ways it supports young farmers include:

Start-up capital

Financing for the purchase of essential equipment, livestock, or initial operating expenses.

Seasonal cash flow solutions

Loans designed to address the cyclical nature of farming, ensuring young farmers can manage costs during planting or harvest.

Innovation investments

Access to funds for adopting modern technologies like precision farming tools, renewable energy installations, or automated equipment.

Infrastructure

Financing options to develop infrastructure, such as sheds or crop and livestock systems.

By providing these targeted solutions, agricultural finance helps young farmers establish a solid foundation for their farming operations, enabling them to focus on growth and innovation.

How can we help

We specialise in helping young farmers overcome the financial challenges of building and growing their businesses. Whether you need funding to purchase livestock, upgrade your equipment, or invest in innovative farming solutions, our tailored agricultural finance services are designed to support your goals. From livestock finance to help expand herds or improve breeding stock, to farm machinery finance for accessing the latest technology without heavy upfront costs, we offer flexible options to suit your specific needs.

With expert guidance and repayment plans designed around the seasonal nature of farming, we make the financing process straightforward and stress-free. Our team understands the unique pressures of the agricultural industry and works with you to ensure you have the resources to thrive in 2024 and beyond. Get in touch today to see how our agricultural finance solutions can support your farming journey.

The post The role of agricultural finance in supporting young farmers in 2024 appeared first on Peregrine Finance.

How agricultural finance can support farmers through policy changes

Agricultural finance can provide essential support for farmers adapting to these new challenges. One key area where agricultural finance can make a difference is in asset restructuring and estate planning. Many agricultural finance providers like us offer specialised products designed to help farmers manage tax liabilities more effectively. Through restructuring options and tailored financial tools, farmers can organise their assets in a way that minimises tax impact and facilitates smoother transitions of ownership within families, helping them retain their farms without overwhelming tax burdens.

Diversifying income streams for financial resilience

Diversification is another strategy that agricultural finance can support, providing farmers with a buffer against the financial impact of these policy changes. Diversifying income streams—whether through renewable energy projects, agritourism, or other supplementary ventures—can reduce reliance on traditional farming income. By financing these new ventures, agricultural finance allows farmers to increase financial resilience and maintain more stability in times of uncertainty.

Investing in efficiency

Modernisation and efficiency improvements are also critical for farmers facing economic pressures, as upgrading machinery and adopting new technology can help them operate more efficiently. Financing options for these types of investments enable farmers to enhance productivity and potentially reduce costs, ultimately helping them offset financial pressures arising from the recent tax changes.

For day-to-day expenses and managing cash flow, working capital loans can provide much-needed flexibility. These types of loans offer farmers the breathing room they need to maintain operations smoothly, even while adapting to new financial demands. Access to working capital ensures that farms can continue running effectively, giving farmers the capacity to handle unexpected costs without straining their finances.

Mental health support resources for farmers

The pressures associated with these recent policy changes can understandably feel overwhelming, and many farmers are experiencing significant stress and anxiety about the future. For those struggling with the mental toll, support is available through several organisations dedicated to assisting the farming community.

• The Royal Agricultural Benevolent Institution (RABI) provides a free, 24-hour helpline (0800 188 4444), offering a compassionate ear and guidance for those in need. 

• Similarly, RSABI supports farmers in Scotland, with assistance accessible via their helpline at 0808 1234 555. 

• In Wales, the DPJ Foundation offers mental health support through their helpline at 0800 587 4262, or via text on 07860 048799 for those who find it easier to reach out that way.

• For farmers in England, the organisation YANA (You Are Not Alone) operates a helpline specifically focused on rural mental health, available at 0300 323 0400 during weekday mornings.

• Another option for farmers nationwide is the Farming Community Network (FCN), which provides a support line at 03000 111 999. 

In a time of uncertainty, it’s important to remember that resources are available to help farmers both financially and emotionally. 

While the recent budget changes may seem daunting, agricultural finance offers pathways to adapt and plan for the future, and mental health support is just a phone call or text away. 

How Peregrine Finance can help

At Peregrine Finance, we can help provide agricultural finance options tailored to help you. This includes initial capital for grant applications, finance for machinery and operations, and lots more. 

Speak to our experts, tell us your queries and we’ll try to come up with a financial solution together. 

The post Agricultural finance and support resources for farmers navigating new Autumn Budget 2024 policies appeared first on Peregrine Finance.

Let’s face it—when you’re buying vehicles, you want the best deal. We all do! But dealerships often focus on pushing what’s in stock, with limited choices and pricing that doesn’t exactly scream “savings.” With us, however, it’s all about working for you, not just moving inventory.

Access to competitive vehicle pricing

Dealerships generally work with a few preferred manufacturers, meaning they’re not working to get you the best deal across the market. Indent companies have global networks, giving you access to a wide range of vehicles from suppliers around the world. Whether you’re looking for specialised fleet trucks or luxury SUVs, an indent company can source vehicles that match your budget and requirements. We’re here to find competitive prices for you, not just offer what’s on the lot.

Customised financing plans

Need a longer loan term to keep your monthly payments manageable? We can sort it. Looking for a flexible payment schedule? No problem. With us you craft a plan that works for your financial reality, not a cookie-cutter package. 

Freedom to choose any make or model you want

Whether you’ve got your eye on a new Land Rover Defender 110, or a fuel-efficient hybrid, or specialty commercial vehicles, we give you the freedom to find the best option for your goals.

Transparent terms that won’t leave you guessing

You know that feeling when you’re deep into a deal and suddenly a bunch of extra costs start popping up? Gap insurance, extended warranties, random fees…

We keep it simple and transparent. You’ll know exactly what you’re paying for, with clear terms that eliminate any surprises. Since we’re sourcing on your behalf, our focus is on finding what’s best for you without tacking on hidden costs or pushing you into overpriced packages.

The bottom line

When it comes to sourcing vehicles, you need a solution that puts you in control—not a setup that limits your choices or forces unnecessary costs. Working with Peregrine Finance means access to better prices, more options, and the flexibility to customise your vehicle sourcing—all without the hidden costs and limitations of traditional dealerships. Plus, with personalised service and clear terms, you’ll have a partner focused on helping you make the best decision for your fleet or personal needs.

We offer vehicles for supply and finance, ensuring our vehicles are competitively priced matched with market leading finance packages.

Get a quote today. 

The post Why working with an independent company beats dealership options every time appeared first on Peregrine Finance.

What’s happening?

The ELM schemes, designed to replace the EU’s Common Agricultural Policy post-Brexit, aim to promote environmentally friendly farming practices and improve biodiversity. These schemes are critical for UK farmers transitioning towards more sustainable operations. The £100 million underspend represents a substantial portion of funds that were allocated but not spent due to various administrative and operational challenges.

Potential impacts

The return of these funds to the treasury could mean reduced financial support for farmers, who play a crucial role in implementing environmentally sustainable practices. This reduction in funding might slow down the progress towards achieving the UK’s environmental goals in agriculture. Such a scenario emphasises the need for better management and allocation of funds to ensure that the objectives of sustainability initiatives like the ELM schemes are met effectively.

The underspend could reflect deeper issues with the ELM schemes’ design and implementation, indicating that they may not be fully accessible or adequately tailored to meet the farmers’ needs, or that there are significant hurdles in the application process. This raises important questions about the viability and design of the schemes, suggesting a need for thorough review and possible adjustments to ensure they effectively support sustainable agricultural practices.

There are concerns that the underspend could lead to future cuts in environmental funding, as the government might perceive that allocated funds are not being fully utilised. This reduction in future budget allocationscould undermine long-term environmental initiatives, raising concerns about the sustainability and effectiveness of efforts to promote environmentally friendly farming practices.

Looking ahead

This situation serves as a wake-up call for DEFRA and other stakeholders to revisit and possibly revamp the ELM schemes. Improving the accessibility and applicability of these schemes for all farmers, particularly those with less resource to engage with complex bureaucratic processes, will be essential. Furthermore, engaging with the farming community to raise awareness and understanding of the schemes is crucial to ensure better uptake and effective use of allocated funds.

This underspend risks further undermining farmer confidence, which is already at record lows. This dwindling confidence among farmers is compounded by challenges such as inflation, falling incomes, and the increasing frequency of extreme weather events, all of which place additional pressures on their operations. 

As the UK continues to refine its post-Brexit agricultural policies, it is critical that these issues are addressed comprehensively. Policymakers must engage more effectively with the farming community to rebuild trust. Future funding needs to be used more effectively, supporting the vital transition towards sustainable agricultural practices.

How we can help

We’re ready to support the agricultural community during these challenging times. We offer a range of financial services tailored to meet the unique needs of farmers, including loans, leasing options, and customised financial planning.

Peregrine Finance can help farmers navigate through financial uncertainties by providing the necessary capital to invest in sustainable practices, upgrade equipment, or expand operations, despite the current volatility in environmental funding. Our expertise in agricultural finance allows us to offer solutions that are sensitive to the cyclical nature of farming incomes and the impacts of external pressures such as inflation and climate events.

By partnering with us, farmers can secure the financial support needed to not only sustain their operations but also to invest in innovations that can lead to greater efficiency and environmental stewardship. 

The post DEFRA’s £100M ELM underspend: What it means for UK agriculture appeared first on Peregrine Finance.

The root of the problem

Several key factors contribute to the labour shortages in the agricultural sector:

Post-Brexit immigration policies
The end of free movement between the UK and the European Union has led to a steep decline in the number of EU nationals working in the UK, many of whom were employed in agriculture. The reduction in available workers has been sharp and swift, with farms struggling to find adequate replacements​ 

Pandemic aftermath
The COVID-19 pandemic exacerbated existing labour issues. Restrictions and health concerns led to a reduced workforce, and the sector has not fully recovered. The pandemic also shifted many people’s perspectives on work, with an increase in retirements and shifts to less physically demanding jobs​

Ageing workforce
The agricultural sector is also grappling with an ageing workforce, with fewer young people entering the industry. This generational gap poses challenges for knowledge transfer and the adoption of new technologies​

Technological solutions and innovations

To address these labour shortages, there’s a growing reliance on technological solutions and machinery. Advancements in agricultural technology, such as automated harvesting machines and drone monitoring systems, are compensatory measures but are also transforming farming operations.

Automation
Automated technology helps reduce the labour intensity of various farming operations, from planting to harvesting. These innovations are particularly crucial during peak seasons when the demand for labour exceeds supply.

Precision agriculture
GPS and IoT-based technologies enable more precise farming, which optimises both productivity and resource use, making farming appealing as a modern and tech-driven industry.

The role of financial services
As a finance company specialising in agricultural and rural industry finance, we understand the importance of investing in solutions that address these challenges. Financing options for acquiring new technology can be a game-changer for farms struggling with labour shortages. 

How can we help?

Equipment financing
We provide loans that enable farmers to acquire the latest agricultural machinery without the upfront financial burden, spreading the cost over time.

Investment in innovation
By offering financing options, we empower farmers to invest in the latest agricultural technologies and equipment, helping to alleviate some of the pressures from labour shortages and enhancing productivity.

Support for continued growth
We offer flexible financing solutions that help agricultural businesses invest in their growth and adapt to market changes, ensuring they can capitalise on new opportunities despite workforce challenges.

The labour shortages in the UK’s agricultural sector present significant challenges, but also opportunities for innovation and growth. By welcoming technology, farms can overcome current challenges and secure a sustainable future. 

For support with agricultural finance or rural finance, please contact our specialist team. 

Together, we can transform these challenges into opportunities for growth!

The post Solving the labour shortage in the UK’s agricultural and rural industries appeared first on Peregrine Finance.