Do you have any Management Accounts? If not, we could arrange for our Agent to assist you in completing a forward budget.

It’s actually quite easy. Furthermore, we can add any bank charges to the loan, and there will be no annual fees.

Possibly, but have you considered moving your current account to a different bank? In fact AMC is part of the Lloyds TSB Group, so if you want to move there, we can recommend you to them.

If additional borrowings will be covered by existing security (farm buildings and land) already held by AMC, no solicitors will be required.

Flexibility

You do not have to draw down the whole loan at once, but can draw money as you need it (minimum £5,000) up to your facility limit.

Choice

You can set the monthly payment at a level you choose, clear the monthly interest or pay a minimum of £5 every month.

Convenience

You can make capital reductions when you want, without penalty and then re-use that money again and again - you don't have to re-apply.

Security

You can ask AMC to consider an extension of the facility term at any time; otherwise it has a term of 5 years.

Independence

This facility is completely separate from your banking arrangements. This means you can structure your finances separately.

You can borrow for any business purpose as long as your mortgage is secured on a house, agricultural land and/or buildings.

Term - you will need to think about the period over which you would like to repay your loan. AMC loans are available from 5 to 40 years.

Method - you will need to decide whether you wish to repay both the capital and interest elements of your loan over the term (an annuity loan) or just the interest. With an interest only loan, you will need to be able to settle the capital element at the end of the loan.

Rate - you have the choice of either a fixed or variable rate.

That’s fine. You wouldn’t have to repay your overdraft because an AMC mortgage can operate alongside your current account. By the way, your current interest rate may seem cheaper because you are also paying additional costs such as bank charges, annual review fees and 'Keyman' insurance.

You may also have to take the bank's own buildings insurance and prepare annual audited or management accounts. All of these increase the real cost. It may also be worth asking yourself, what would happen if the bank changed their policy towards farm loans? All bank facilities (loans, overdrafts, etc.) can potentially be called-in, as they are linked to the current account facility.

                                 Your acceptance of our offer

                                  Valuation arranged by AMC

                                   Legal charging of property

                              Funds paid to your bank account

If you need to increase your limit please call your AMC Account Manager or call 01264 334747. The minimum increase to the account limit is £10,000. If the requested increase in your account limit exceeds AMC's lending criteria (up to 60% of the value of security) we may require a full application form and additional security. A loan fee (1% on the additional sum - with a minimum of £750) will be charged to cover further valuation and set up costs.

• Rates are highly competitive
• No annual fees or annual reviews with the standard loan
• A flexible facility alternative with no annual reviews
• Our Agents have specialist local knowledge
• Experienced staff
• Loans are uncallable and pass from generation to generation
• Swift decision
• Loans for any farming purpose
• Loans available for corporates and trusts
• Agricultural specialists with over 80 years experience – we are committed to agriculture and the countryside