Looking after our existing customers
We welcome new customers to AMC, but we also like to ensure that our existing customers receive good service and access to the finance they need to grow.
We take satisfaction from seeing these plans develop, and that’s why we want to be with you all the way, through good times and bad.
2020 was a difficult year for everyone and we were able to put in a place a range of support to help our customers that were affected by the Coronavirus pandemic.
Need extra funds?
If you're already an AMC customer and are looking to expand or diversify your business, we’ll do everything we can to approve extra funds with minimum fuss and paperwork.
Just contact our New Lending Enquiries team on 01264 334747 for a no-obligation discussion about what you’re trying to achieve and how we can help.
Changes to your agreement
Changes in circumstances – whether that’s around family or business – can mean your borrowing needs to alter too. We’re always happy to discuss changing your loan to fit your new situation and we have a range of guides to help you make changes.
Changes to your agreement
Repaying your loan early
There may be a charge for this, so please take a look at the fees on our Business Tariff (PDF, 44KB) or contact us for full details. A variable rate loan can be repaid early with no charge (unless the security property is also being discharged, in which case a handling fee will apply). Fixed rate loan* repayments may also incur a Break Cost.
Endowment policy maturity
When a policy supporting an endowment loan matures, the proceeds are normally used to repay the borrowing. You then receive any surplus funds.
Existing Flexible Facility customers
If you are an existing Flexible Facility customer, you will have received communication from us about the options open to you. You can find out more on the link below.
Existing Flexible Facility
Changing your repayments
If you want to increase or decrease your repayment amount, for example, we might be able to adjust the loan term.
You can alter the type of interest you pay at any time, by converting from variable to fixed, or from fixed to variable.* Remember that there may be a Break Cost to pay, however.
Find out more about the two types of interest.
You can also find out about how changes to the Bank of England Bank Rate can affect your loan repayments.
If you ever have any problems that could make it difficult for you to pay your loan instalments, please get in touch with our Lending Support team as soon as you can on 01264 334344.
Protect your business from fraud
Stay safe online and over the phone with our top tips.
Supporting mental health
Running any business can be stressful but farming businesses can come with added pressure. There are a range of organisations out there that can support you.
Help and support for your mental health
* 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.