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Borrowing money can be a sensible way to fund business development. Sometimes it’s the only way.
We have a team of lawyers who only work with rural businesses, providing specialist support on the unique challenges and opportunities you face. It’s what makes us the long-term, trusted advisors of farming communities across England and Wales.
Lending and borrowing is about security and risk, for both parties. Your lender will want to know that your assets are valuable enough to support the loan, and they will need to minimise the risk of you defaulting. As a borrower, you will need to think carefully about the security you’ll offer up and any guarantees you’ll be giving. Because, however important an injection of funds may be to your business, it’s even more important to protect yourself and those close to you from a bad commercial arrangement.