Agricultural News | Peregrine Asset Finance https://www.peregrinefinance.co.uk/category/agricultural-news/ Supporting your business with tailored financial solutions. Thu, 19 Jun 2025 13:28:10 +0000 en-GB hourly 1 https://wordpress.org/?v=6.8.1 https://www.peregrinefinance.co.uk/wp-content/uploads/2023/10/cropped-favicon-32x32.png Agricultural News | Peregrine Asset Finance https://www.peregrinefinance.co.uk/category/agricultural-news/ 32 32 How UK Farmers Can Access Government Grants and Handle Policy Changes (2025) https://www.peregrinefinance.co.uk/how-uk-farmers-can-access-government-grants-and-handle-policy-changes-2025/ Wed, 09 Apr 2025 18:31:44 +0000 https://www.peregrinefinance.co.uk/?p=3621 With shifting government policies, rising input costs and unpredictable weather, it’s becoming harder to plan ahead with confidence. Grants and financial support schemes are available, but understanding which ones apply to your farm—and how to apply—can be a challenge in itself. Many farmers are now being asked to adapt to a system where funding is…

The post How UK Farmers Can Access Government Grants and Handle Policy Changes (2025) appeared first on Peregrine Finance.

]]>
With shifting government policies, rising input costs and unpredictable weather, it’s becoming harder to plan ahead with confidence.

Grants and financial support schemes are available, but understanding which ones apply to your farm—and how to apply—can be a challenge in itself.

Many farmers are now being asked to adapt to a system where funding is tied closely to sustainability goals. At the same time, traditional borrowing has become more expensive due to high interest rates, and there’s widespread frustration that food production is being overshadowed by environmental targets.

This has led some farmers to delay investment, reduce borrowing, or avoid taking financial risks altogether.

This article explores how agricultural grants work, what funding is currently available, and how you can use finance strategically to support your farm. Whether you’re navigating policy changes or trying to maintain cash flow in an unpredictable climate, understanding the options can help you make more informed decisions without putting your business at risk.

Understanding Agricultural Grants and Policies

Securing funding for your farm can be a challenge, especially with government policies constantly changing.

Grants can help you invest in new equipment, improve your land, or make your farm more sustainable, but staying on top of available funding options is key.

If you don’t know how to apply for government farm grants, you could miss out on financial support that keeps your business moving forward.

Right now, the UK government offers several grants, including:

More than 50,000 farm businesses are benefitting from farming schemes and more money is being spent through the Sustainable Farming Incentive (SFI) than ever.

Government funding for farmers aims to make farms more efficient while also protecting the environment. But since government priorities change, you need to keep up with new rules to continue getting support.

The Role of Sustainable Investment in Modern Farming

Sustainable investment is no longer just an option—it’s a key part of future-proofing your farm.

By investing in renewable energy, water conservation, and eco-friendly equipment, you can reduce operating costs while keeping up with industry sustainability goals.

Switching to energy-efficient machinery or installing solar panels can lower your energy bills and even create an extra income stream by selling excess power back to the grid. Financing green initiatives through tailored finance options can also make it easier to invest in sustainability without waiting for grant approvals.

Many farmers are already taking advantage of these opportunities. Those who have installed solar panels or switched to biomass heating are seeing long-term savings, while others are using government-backed funding to improve soil health and biodiversity.

Keeping up with these trends can ensure your farm remains competitive and financially resilient.

Why Financial Planning is Important for Farmers

Farming is unpredictable. Between fluctuating crop prices, extreme weather, and shifting policies, you need a solid financial plan to keep your business stable.

For years, many farmers relied on the Basic Payment Scheme (BPS), but it’s now being phased out in favour of sustainability-based grants. If you’re not prepared for this change, your farm’s cash flow could take a hit.

Grants are now closely tied to environmental practices, so farmers who protect water, soil, and biodiversity have a better chance of securing funding. If you don’t adapt to these new expectations, you may struggle to access financial support, making it harder to buy new equipment, expand operations, or stay competitive.

Having access to financial solutions like asset-based lending or machinery finance can help bridge gaps when grant funding is uncertain. Being proactive in financial planning will allow you to invest in your farm at the right time, rather than waiting on policy changes.

How to Apply for Government Grants and Explore Other Agricultural Finance Options

Finding the Right Grants

Each farm grant has different rules, and not all farms will qualify for every type of funding. You can check the Rural Payments Agency (RPA) website or ask local agricultural groups for guidance.

It’s also important to plan ahead. Some grants require matching funds, meaning you may need initial capital before you can access funding. Having a clear strategy for securing additional finance, whether through loans or equipment leasing, can make the grant application process smoother.

Submitting a Strong Application

Applying for grants is not always easy. You must show exactly how you will use the money, why you need it, and how your project will help your farm and the environment.

A strong application should include a clear business plan, financial records, and proof of sustainable practices.

Government agencies also want to see that your farm’s plans match broader goals, such as reducing carbon emissions or improving soil health. If your plans don’t align with current priorities, your application might be rejected—so it’s important to prepare thoroughly.

Other Finance Options for Farmers

Government grants don’t always cover everything, and sometimes you need a faster or more flexible funding option. Other ways to finance your farm include:

By combining grants with agricultural finance, you can keep your farm running smoothly without waiting on government funding decisions.

Financing Grant-Eligible Projects

It’s also worth noting that if you’re relying on finance to help fund a project while waiting for a grant, the structure of your loan matters. Because you must legally own the asset before you can claim the grant, funding must be arranged through a loan.

These loans typically involve monthly repayments, but you can include a bullet payment (representing your grant amount) at any point in the agreement. Most farmers choose to do this once the grant money comes in—often around six months into the agreement—though the timing can vary depending on the scheme.

This setup not only satisfies the legal requirement of having ownership of the asset before claiming the grant, but it also helps reduce your monthly payments going forward. While Peregrine Finance does not offer financial advice, we can structure finance agreements to support this process.

What Happens If You Don’t Get Funding?

If you miss out on financial support, it could mean delaying essential upgrades, which can slow down production and increase long-term costs. Outdated machinery leads to higher repair bills, lower efficiency, and difficulties keeping up with competitors.

Stricter environmental regulations also mean that farms not meeting sustainability targets could face penalties or extra costs. Staying informed about industry changes and applying for funding early can help you avoid these challenges.

Best Strategies for Managing Farm Cash Flow

To manage cash flow effectively, you should create a detailed budget that accounts for both peak and low-income periods, ensuring you have enough reserves to cover operating costs year-round.

Diversifying income streams, such as offering agritourism experiences or leasing land for renewable energy projects, can also provide additional financial stability.

When major investments are needed, financing solutions like hire purchase agreements for machinery or asset-based lending can help spread costs over time without depleting working capital. You should also review your financial position regularly, adjusting your strategies based on market conditions and upcoming expenses.

How Farmers Can Navigate High Interest Rates When Securing Finance

Rising interest rates can make securing finance more expensive, putting additional strain on farm budgets.

Understanding how economic trends impact lending can help you make informed financial decisions. One strategy to mitigate rising costs is locking in fixed-rate financing, which provides predictable repayments and protects against further interest rate hikes.

Manage debt effectively by refinancing at lower rates can also reduce financial pressure. Keeping a strong credit profile and working with a trusted agricultural finance provider can ensure access to the best possible terms. 

How to Finance Farm Equipment Without Relying on Government Grants

For many farmers, upgrading or replacing essential equipment is a major investment, and relying on government grants is not always an option. Fortunately, several financing solutions are available to help spread the cost over time without placing excessive strain on cash flow.

Tailored financing solutions, such as agricultural machinery finance, also offer flexible repayment options based on farm income cycles.

Preparing for Future Farming Policy Changes

Government policies will continue evolving, focusing on sustainability, carbon reduction, and modern farming technology. If you stay informed and adapt early, you’ll be in a much stronger position to secure funding and keep your business growing.

Tracking industry news, attending farming finance workshops, and maintaining detailed financial records will improve your chances of accessing future grants and investment opportunities.

Get the Right Finance for Your Farm

Peregrine Finance provides tailored agricultural finance solutions to help you invest in equipment and sustainability projects, ensuring you have access to the funding you need—regardless of government policy changes.

Want to explore your farm financing options? Get a quote today!

The post How UK Farmers Can Access Government Grants and Handle Policy Changes (2025) appeared first on Peregrine Finance.

]]>
Can Financing Your Inputs Save You Money in the Long Run? https://www.peregrinefinance.co.uk/input-finance-money-savings/ Fri, 10 Jan 2025 08:45:21 +0000 https://www.peregrinefinance.co.uk/?p=3375 Farmers face rising costs every year, from fertilisers to machinery repairs, making it harder to maintain cash flow while investing in quality inputs. Many hesitate to take on financing due to the perception that borrowing adds unnecessary costs. However, input finance can save you money in the long run—if used wisely. Here’s how: 1. Buy in bulk…

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

]]>
Farmers face rising costs every year, from fertilisers to machinery repairs, making it harder to maintain cash flow while investing in quality inputs. Many hesitate to take on financing due to the perception that borrowing adds unnecessary costs. However, input finance can save you money in the long run—if used wisely. Here’s how:

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.

]]>
The role of agricultural finance in supporting young farmers in 2024 https://www.peregrinefinance.co.uk/the-role-of-agricultural-finance-in-supporting-young-farmers-in-2024/ Tue, 26 Nov 2024 08:56:00 +0000 https://www.peregrinefinance.co.uk/?p=3355 The future of UK agriculture rests in the hands of young farmers. With innovation, energy, and fresh ideas, they are the ones that will be driving the sector forwards.  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…

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

]]>
The future of UK agriculture rests in the hands of young farmers. With innovation, energy, and fresh ideas, they are the ones that will be driving the sector forwards. 

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.

]]>
Agricultural finance and support resources for farmers navigating new Autumn Budget 2024 policies https://www.peregrinefinance.co.uk/agricultural-finance-autumn-budget-policies-2024/ Tue, 12 Nov 2024 11:26:26 +0000 https://www.peregrinefinance.co.uk/?p=3319 The recent Autumn Budget introduced significant changes to inheritance tax that will impact the agricultural community, particularly in terms of Agricultural Property Relief (APR) and Business Property Relief (BPR). Beginning in 2026, these reliefs will be capped, potentially resulting in greater inheritance tax liabilities for farms whose assets exceed a £1 million threshold. This change has raised…

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

]]>
The recent Autumn Budget introduced significant changes to inheritance tax that will impact the agricultural community, particularly in terms of Agricultural Property Relief (APR) and Business Property Relief (BPR). Beginning in 2026, these reliefs will be capped, potentially resulting in greater inheritance tax liabilities for farms whose assets exceed a £1 million threshold. This change has raised concerns among farmers, especially those managing family farms, as increased tax obligations could threaten the viability of passing farms down to the next generation.

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.

  • 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.

]]>
DEFRA’s £100M ELM underspend: What it means for UK agriculture https://www.peregrinefinance.co.uk/defras-100m-elm-underspend-uk-agriculture/ Mon, 21 Oct 2024 08:05:41 +0000 https://www.peregrinefinance.co.uk/?p=3312 The Department for Environment, Food & Rural Affairs (DEFRA) is set to surrender a significant £100 million underspend from its Environmental Land Management (ELM) schemes to the Treasury. This development raises concerns and discussions among stakeholders in the agricultural sector about the implications and future of environmental funding and support in the UK. What’s happening?…

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

]]>
The Department for Environment, Food & Rural Affairs (DEFRA) is set to surrender a significant £100 million underspend from its Environmental Land Management (ELM) schemes to the Treasury. This development raises concerns and discussions among stakeholders in the agricultural sector about the implications and future of environmental funding and support in the UK.

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 practicesupgrade 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.

]]>
Solving the labour shortage in the UK’s agricultural and rural industries https://www.peregrinefinance.co.uk/solving-uk-labour-shortage-in-agricultural-and-rural-industries/ Mon, 23 Sep 2024 15:41:45 +0000 https://www.peregrinefinance.co.uk/?p=3242 In recent years, the agricultural sector in the UK has faced a significant labour shortage, impacting everything from daily operations to long-term sustainability. This issue is complex, influenced by a variety of socio-economic factors, and the implications for rural economies are profound. The root of the problem Several key factors contribute to the labour shortages…

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

]]>
In recent years, the agricultural sector in the UK has faced a significant labour shortage, impacting everything from daily operations to long-term sustainability. This issue is complex, influenced by a variety of socio-economic factors, and the implications for rural economies are profound.

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.

]]>
How to Access Agricultural Grant Opportunities in the UK (2024)  https://www.peregrinefinance.co.uk/how-to-access-agricultural-grant-opportunities-in-the-uk-2024/ Mon, 17 Jun 2024 09:02:31 +0000 https://www.peregrinefinance.co.uk/?p=2662 Looking for agricultural grants in the UK can be a tricky business. First find the grant, second have the capital, third apply successfully. Luckily, the UK offers a diverse array of agricultural grants designed to enhance productivity, improve sustainability, and support animal welfare.  However, accessing these grants often requires initial capital, which can be a…

The post How to Access Agricultural Grant Opportunities in the UK (2024)  appeared first on Peregrine Finance.

]]>
Looking for agricultural grants in the UK can be a tricky business. First find the grant, second have the capital, third apply successfully.

Luckily, the UK offers a diverse array of agricultural grants designed to enhance productivity, improve sustainability, and support animal welfare. 

However, accessing these grants often requires initial capital, which can be a barrier for many farmers. This is where Peregrine can help by providing the necessary financial support to bridge the gap. First though let’s run through some of the key grants available to the UK in 2024.

Key Agricultural Grants Available in 2024

Farming Equipment and Technology Fund (FETF) 2024

The FETF offers grants for a range of equipment and technology that improves farm productivity and manages slurry more effectively. These grants can cover up to £50,000 per application, allowing farmers to invest in state-of-the-art machinery and systems that enhance efficiency and reduce environmental impact. Eligible items include precision farming tools, robotic equipment, and advanced slurry management systems

Focus Area

In addition to productivity enhancements, the FETF provides specific grants focused on animal health and welfare. These grants, which can reach up to £25,000, are designed to fund equipment that improves the living conditions and health of livestock. This includes investments in automated feeding systems, health monitoring devices, and other technologies that contribute to better animal welfare outcomes​

In summary, the FETF 2024 is a key resource for farmers looking to invest in modern technologies and improve their operational efficiency. It not only supports immediate improvements in productivity and animal welfare but also contributes to the long-term sustainability and competitiveness of the UK farming industry.

Improving Farm Productivity Grant

The Improving Farm Productivity Grant is an essential funding program designed to encourage the adoption of innovative technologies and practices that significantly enhance farm productivity. Administered by DEFRA (Department for Environment, Food & Rural Affairs) as part of the UK government’s broader agricultural support strategy, this grant focuses on helping farmers implement cutting-edge solutions that can drive efficiency and sustainability on their farms.

Focus Areas

The primary focus areas for the Improving Farm Productivity Grant include the integration of robotic and automated equipment and the adoption of renewable energy solutions, such as solar power. These technologies are at the forefront of modern farming, offering substantial benefits in terms of operational efficiency, cost reduction, and environmental sustainability.

Eligibility

To be eligible for the Improving Farm Productivity Grant, applicants must be farmers who are planning to invest in innovative technology and equipment. This includes a broad range of farming operations, from arable and livestock farms to horticultural enterprises. The eligibility criteria ensure that the funds are directed towards projects that have the potential to make a significant impact on farm productivity and sustainability.

Funding Amounts

The grant provides substantial financial support, with funding amounts reaching up to £500,000. This high level of funding enables farmers to invest in advanced technologies that might otherwise be financially out of reach. Additionally, the grant offers up to £100,000 for solar equipment, covering up to 50% of the costs. This aspect of the grant aims to promote renewable energy adoption, helping farmers reduce their reliance on non-renewable energy sources and lower their carbon footprint.

Animal Health and Welfare Items in the Farming Equipment and Technology Fund (FETF) 2024

This initiative aims to improve the standard of living for farm animals, directly influencing their health and the quality of produce derived from them. The grants provided under this category enable farmers to invest in advanced equipment and technology that ensure better care and management of animals. Specifications and eligible items include advanced livestock monitoring systems, environment-controlled housing, and automated feeding systems, which are designed to promote well-being and reduce stress among animals.

Eligibility

Applicants must demonstrate a clear need for investment in the specified equipment and technologies that directly contribute to the improvement of animal health and welfare on their farms. The grants are designed for those who are committed to adopting innovative and sustainable practices that align with the UK government’s agricultural strategies. This includes ensuring that the proposed equipment will be used within the farming business and not for third-party activities or unrelated business ventures. Additionally, applicants must comply with all relevant local and national environmental, health, and safety regulations to qualify. Potential recipients are often required to provide detailed plans on how the new equipment will be integrated into their current operations and the expected impact on animal welfare. Proof of adequate training in the use and maintenance of the new technology may also be required to ensure effective implementation.

Funding

Grants in this category can cover up to 40% of the total cost of eligible equipment and technologies, with funding caps typically set according to the item’s impact and cost. For example, investments in advanced animal monitoring systems and environmentally controlled housing can see substantial financial support, recognising their significant role in enhancing animal welfare and farm productivity. This funding is designed to make it financially feasible for farmers to adopt technologies that can lead to long-term benefits for both their operations and the animals under their care. 

Agricultural Air Quality Grant

Another vital funding opportunity available in 2024 is the Agricultural Air Quality Grant. This program aims to support projects that reduce emissions and improve air quality on farms. It is particularly beneficial for livestock farms and operations that involve the use of organic fertilisers and manure management systems.

Focus Areas 

The grant emphasises the adoption of technologies and practices that can significantly reduce particulate matter and ammonia emissions. These include covered manure storage solutions, advanced aeration systems, and precision fertilisation techniques.

Eligibility 

Eligible applicants include farm owners and operators who demonstrate a clear commitment to improving air quality through innovative farming practices. The projects funded under this grant should lead to measurable improvements in air quality and can be applied to both small and large-scale operations.

Funding Amounts 

Financial support from the Agricultural Air Quality Grant can vary, but typically covers up to 40% of the total project costs. This support is crucial in enabling farmers to implement costly yet necessary upgrades to their farming practices.

Accessing Support

At Peregrine Finance, we understand the challenges agricultural businesses face – including the struggles of accessing initial capital to apply for grants.

That’s why we specialise in providing the essential initial capital required to access various funding programmes, through our agricultural finance support.

Our role is to supply straightforward financial support, allowing our clients to apply confidently for grants and other financial opportunities without the burden of initial expenses. This enables them to invest in necessary improvements and innovations, maximising their growth potential in the competitive agricultural sector.

Contact us today to explore how you can leverage these grants to enhance your farming operations in 2024.

The post How to Access Agricultural Grant Opportunities in the UK (2024)  appeared first on Peregrine Finance.

]]>
Changes To Permitted Developmental Rights https://www.peregrinefinance.co.uk/changes-to-permitted-developmental-rights/ Fri, 24 May 2024 10:33:34 +0000 https://www.peregrinefinance.co.uk/?p=2569 Big News for Farmers! Starting May 21, changes to permitted development rights are kicking in, making it easier for farmers to diversify and expand without the usual red tape. These new rules mean: – No need for planning applications for specific development types. – More flexibility to convert farm buildings to commercial uses and homes.…

The post Changes To Permitted Developmental Rights appeared first on Peregrine Finance.

]]>
Big News for Farmers!

Starting May 21, changes to permitted development rights are kicking in, making it easier for farmers to diversify and expand without the usual red tape.

These new rules mean:

– No need for planning applications for specific development types.

– More flexibility to convert farm buildings to commercial uses and homes.

– Increased floor space allowances for conversions and new buildings.

Great news for boosting productivity and sustainability in farming!

For more details, check out the full update: https://defrafarming.blog.gov.uk/2024/05/10/changes-to-permitted-development-rights/

Contact us: call 📞 01904 405299 email ✉️ salesdesk@peregrinefinance.co.uk

The post Changes To Permitted Developmental Rights appeared first on Peregrine Finance.

]]>
UN: Ukraine Grain Export Deal Could Be Signed Next Week https://www.peregrinefinance.co.uk/un-ukarine-grain-export-deal-could-be-signed-next-week/ https://www.peregrinefinance.co.uk/un-ukarine-grain-export-deal-could-be-signed-next-week/#respond Fri, 12 Aug 2022 10:14:56 +0000 https://peregrine.d-e-v.co.uk/un-ukarine-grain-export-deal-could-be-signed-next-week/ Antonio Guterres described progress between Russia and Ukraine during UN-brokered talks in Turkey on Wednesday (July 13) as a “ray of hope”. Click here to read the full article

The post UN: Ukraine Grain Export Deal Could Be Signed Next Week appeared first on Peregrine Finance.

]]>
Antonio Guterres described progress between Russia and Ukraine during UN-brokered talks in Turkey on Wednesday (July 13) as a “ray of hope”.

Click here to read the full article

The post UN: Ukraine Grain Export Deal Could Be Signed Next Week appeared first on Peregrine Finance.

]]>
https://www.peregrinefinance.co.uk/un-ukarine-grain-export-deal-could-be-signed-next-week/feed/ 0