YoungsRPS is proud to work with the Agricultural Mortgage Corporation (AMC), the leading supplier of long-term funding for the agricultural sector.

What is the AMC?

The Agricultural Mortgage Corporation (AMC) has more than 85 years experience lending to the agricultural sector, specialising in long-term mortgages and loans for farms and rural businesses.

It means they understand the challenges and opportunities impacting you and the wider agricultural sector.

The benefits of AMC finance

When we help you access AMC finance, you will receive a swift response on your funding proposal. You will also benefit from:

• Competitive mortgage rates with interest-only and repayment options available (or a blend of both)
• Rates can be set for the life of the agreement - unlike many other secured loans or overdraft agreements
• No annual reviews or the need to see your annual accounts - we leave you alone to get on with the business of farming
• No early repayment charges for variable rate loans
• Finance secured against land as well as property to help you increase the capital you can raise
• Loans and mortgage agreements can be transferred to the next generation
• Access to AMC’s experienced and knowledgeable support teams who understand your unique funding needs
• Funding decisions that can be approved in principle before you make a sealed bid or go to auction

Please note that the above are subject to AMC credit criteria and your obligations to AMC continuing to be met.

Who can access AMC funding?

Whether you are a sole trader, partnership, limited company or trust, you can access AMC’s competitive funding providing you are an agricultural, horticultural, equine or other commercial land-based business.

All lending must be for business purposes only and will be provided on a secured loan basis. AMC funding can be used to support a number of different opportunities, including:

• Land purchase
• New equipment or machinery
• Building new or improving current structures
• Diversification plans
• New stock
• Buying a farm tenancy
• Refinancing current debt
• Working capital support
• Paying out a business/family partner to gain sole control

Types of loan available through AMC

AMC’s tailored finance is structured within two core products:

• Long-term borrowing – lend from £25,001 upwards through a long-term standard loan. Repayment terms are available between five and 30 years, with interest rates that can be variable or fixed.*
• Flexible short-term loans – loans from £30,000 plus that can be spread over five years and give you the opportunity to make flexible monthly repayments, to match the ebbs and flows of your cash flow throughout the year.

* There is always a possibility that interest rates may go down leaving a fixed rate loan at a higher level compared to a variable rate loan. However, if interest rates rise, a fixed rate loan will remain at the same rate.

How can YoungsRPS help?

As an AMC agent, we have helped our clients find tailored and competitive agricultural loans. We provide expert guidance on your financial needs and can give you a quick decision.

To discuss the options of borrowing from AMC and find out more about how we can assist you in your application, please call one of our agents using the details below:

Hexham - Robbie Hutchinson on 01434 608 980

Sedgefield - Edward Boon on 01740 622 100

Alnwick - Tom Oates on 01665 606800

AMC loans are available for business purposes only, provided on a secured loan basis. Minimum AMC standard loan £25,001, minimum flexible facility £30,000.

To meet customer requirements, lending criteria will vary. Lending is subject to status.