Farm Diversity - Business Finance

FARMDIVERSITY

Nearly £1bn financed since 2007

Expert, personal service

Both a lender and broker

Unlock your potential with Portman

Fast, affordable asset finance, loan, hire purchase and leasing solutions to help your business succeed.

Secure your business finance at today’s rates before the predicted string of rises cost you more.

In a surprise move the Bank of England has increased the Base Rate to 4.5 to 5% with a string of further rises expected throughout the rest of the year and rates remaining high well into 2024. If your business needs to secure any funding or purchase any new equipment in the next 12 months right now is likely to be a good time to act, securing a fixedrate product at today’s prices, or a flexible product that allows you to pay off a loan as soon as you are ready with no further interest or early repayment charges.

Get to know Portman

Who are we?

Portman was established in 2007 to provide UK SMEs with access to a range of finance options under one roof. We have now arranged close to £1billion in funding for over 12,000 companies. Portman secure finance for businesses of all sizes via our own lending and panel of over 40 partners. We offer flexible payment terms, reducing large initial outlays and protecting cash-flow. Portman work with any type of private sector business. We have a long and successful history financing a variety of assets, quickly and easily. If you’re looking to lease or purchase further equipment, release equity or simply borrow, Portman can provide your business with the finance it needs.

Fast approvals

We won’t keep you on tenterhooks, in some instances we have approvals confirmed in hours, not days.

We lend as well as broker That means we enjoy unique flexibility in the way we can support your business.

Creative Solutions

We’re not locked into one lender, which means we can build a tailored package from multiple sources, including ourselves.

First class personal service

No complex call-centre or departments, one dedicated account manager will handle your application from start to finish, making personal service a priority.

Farming & Agriculture Business Finance

We provide competitive finance rates for both new and used farming machinery and equipment.

As both a lender and broker, Portman can offer you access to funding options not available on the high-street, tailored to the specific needs of your business.

Government support for Farming & Agricultural Businesses

COVID, Brexit and global disharmony will continue to cause turbulence for everyone. Government policy favours the entrepreneur, which new farming policy mirrors: protect the environment, pay farmers for services, but cut social welfare support.

This environment suits those that can think on their feet – diversifying or pivoting to more profitable or better supported areas. Portman can support you in tackling this challenge with confidence.

Ride out the farming price hikes

So, it’s a story that farmers will find very familiar – the next couple of years will be a bit of a rollercoaster. We’re looking at a profit forecast for the whole agricultural industry reverting back to 2020 levels. Hopefully, some cost increases such as energy and fertiliser, will be short term; increases in labour and machinery though seem more long-term.

It’s critical to your business continuity to maintain your purchasing ability through

this period, which Portman can support you with.

Need to diversify your business, purchase machinery, agri-tech equipment, livestock, or upgrade property? Enquire today and we’ll appoint a dedicated account manager to work with you directly, understand your specific needs and find an ideal farm finance solution for your business.

Holiday Park and Glamping Site Finance

With international travel severely restricted in 2020 and 2021, UK holidaymakers turned to staycations.

This drove a sharp growth in demand for a wide range of holiday parks, camping and glamping holidays.

Although the pandemic is now behind us, we haven’t forgotten our taste for the outdoor experience. Travelling abroad has lost its appeal for some. Pandemic-related restrictions remain in place in several countries, and the 3.2m pets bought during the lockdown need looking after.

The staycation sector is forecast to continue growing in the coming years, and the opportunities for holiday parks and glamping businesses are ripe.

That’s as long as you create a distinctive offer that gets your destination on a must-visit list. How can you do that? With holiday park finance.

Top of the pods

Not everyone is up for the draughty allure of a night under canvas. It’s not that they don’t want to get back to basics, just not that basic. Demand for glamping facilities was rising before anyone heard of COVID, but that trend has only increased. It’s not just about having a warm and cosy place to stay – glampers are looking for somewhere unique to stay (and ideally, something ‘instagrammable’). The great thing is that the maths adds up. Glamping pods typically repay their initial investment in just 2-3 years.

You can finance or extend a glamping site with support from Portman.

All you need to do is decide what you’ll offer: pods, treehouses, yurts, gers, teepees, huts, dugouts, UFOs, helicopters (really!) or double–decker buses. The weirder, the better it seems!

Grow with Holiday Park Finance

You may have an established holiday park business, but growth and visitor numbers have reached a standstill. In that case, a finance injection into your glamping site may be the perfect solution to get the ball rolling and increase revenue. You can utilise asset finance to improve your site’s facility offering and upgrade the available accommodation types. For many glamping goers, choosing a spot to stay is all about getting the perfect pics

If you want to invest in your farm, holiday rentals or contractor business, we can help. At Portman Asset Finance, we are experts when it comes to farm and agricultural finance.

for the ‘gram. Similarly, you can invest in exposure and marketing efforts with the help of a business loan that you can use to outsource paid and organic growth strategies or even hire your own sub-team. With a business loan, it is up to you how you spend the money on your business and where you think the investment will have the most impact.

Glamping Finance for Start-Ups and SMEs

Are you a start-up or a new small business built on a passion for camping and the outdoors? We can help you align your facilities and site with your vision with glamping finance.

Whether you need a start-up loan to purchase land or asset finance to purchase and build your camping facilities. Not sure how to get started? 2021 saw a rise in pop-up campsites, continuing a trend that saw numbers double between 2019 and 2020.

Pop-ups are a good way for new campsites and glampsites to get started.

A business loan through Portman can help you get your first ‘foot in the field’ or take the next step to establishing your first permanent site.

With a wider variety of people trying camping and glamping, expectations have risen beyond what hardcore campers were happy with before.

Successful camping and glamping sites will be those that make the most of their location and site to deliver not just a nice place to stay, but a full experience. This could include landscaping, planting and leisure facilities.

It could also include early adoption of

growing trends for en-pitch facilities. These could include en-pitch hot tubs, toilets and stronger wi-fi connectivity for instance.

Tailored finance from Portman can be used for all of these investments and more.

Invest in your site’s health and safety

The pandemic made us much more aware of health and safety, and the camping sector had to adapt quickly. Shared facilities are now needed to accommodate social distancing, washing and cleanliness. New customers expect facilities more akin to holiday cottages, and once that bar has been set, it’s not likely to come down. Holiday park finance could support investment in onsite facilities, helping your guests feel safer, cleaner and better looked after. Better facilities mean better reviews, and better reviews mean more customers and a growing business. It’s not just about site facilities, though. Many campsites stopped taking walk-in bookings. This increased the need for good online booking systems, websites and social media presence – something else you could use finance from Portman for.

Farming Equipment and Technology Finance

Whether you are new to the agriculture lifestyle or have worked on and owned farms your entire life, we can help you with agriculture and farm finance at Portman. This means that if you are in need of new equipment, like tractors or other vehicles, you could be approved for a finance plan to make your purchase as soon as possible.

Utilising our hire purchase options ensures you don’t have to delay in completing necessary work on your farm in order to wait for funds etc…

Protect against rising interest rates

Did you know you can protect your equipment against rising interest rates?

Inflation is on the up, largely because consumer demand has returned but supply chains are yet to catch up. This could mean that base rates and borrowing costs could continue to rise in the coming months. If you’ve got long-term debt, it’s best to be proactive now and look at ways you can fix rates if possible or buy the equipment you need before the cost of finance increases further. Portman can help you sort this out.

Cover temporary cash flow issues

It’s going to take time for the loss of skilled EU workers to be replaced. Similarly, it will take a while for the economy to rebalance. Overall, economic growth looks robust for the coming year, but rising costs will put a damper on profits. Short–term finance solutions on tractor financing and other equipment and technology needs can help bridge acute periods, including cash flow challenges. With Portman, you will always have a dedicated account manager – a single point of contact that will understand your situation and work with you on a solution.

What Solutions Do We Offer?

Asset Finance

Lease Finance

Hire Purchase Business Loans

Start-Up Refinance Recovery Loans

Fast, flexible finance for all your business needs

Asset Finance

Asset finance includes equipment leasing, hire purchase and equity release as three ways to obtain funding for business purchases.

Grow when your business needs to Flexible options to obtain the finance you need Fixed, competitive rates for your business

Soft, hard and existing assets

Why Partner With Portman?

Portman has supported hundreds of farmers and landowners to generate additional income through diversification. Glamping pods, activity centres, farm shops, holiday rentals can all be financed, as well as agricultural machinery and equipment to make your farm more efficient.

Finance experts at your fingertips

As SME specialists, we know how close you are to your business, so we make personal service a priority. You’ll get a dedicated Account Manager to handle your application from start to finish.

Keep your business ahead of the game

Customers increasingly demand the latest trends and technology. As a business owner, you can’t afford to be superseded by the competition with better tech and capabilities. With our support, you can get ahead and stay there.

A flexible approach to commercial finance

Whether its equipment finance, asset finance, leasing or business loans, our approach is flexible and creative. We work with all types of businesses so we don’t pigeonhole our customers into set products. You get commercial finance built for your purposes, not ours.

Offer finance for your customers

Partner with us to offer a range of finance options to your customers, making it easier for them to buy your products and services – it’s a win-win.

How does business finance work?

When you’re running a business, arranging finance for large purchases or boosting cashflow with a business loan can be time consuming and stressful. Portman make it simple.

Portman can save you time; as both lender and broker we can access our own exclusive finance or compare the market through our panel of over 45 lenders. If finance is available for your business, we will get it. Plus, your dedicated Account Manager will sort most of the admin for you, allowing you to get on with your day.

Submit your business finance enquiry in 60 seconds. Use our enquiry form, give us a couple of details about your needs and your company, give us your number and we’ll call you back. Does not affect your credit score.

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A chat about your business and goals. A dedicated account manager will discuss your needs and collect documentation.

experts do the leg-work.

We find the right deals, complete applications on your behalf and get you a no obligation quote.

Your no-fuss finance is funded. If accepted, your assets will be bought and delivered or the finance released to your account.

Why Portman?

We can help finance most asset types and loan purposes. We take time to understand your business needs and secure the right deal for you.

We have group lending companies, so can offer finance where others may not. We can look to help, even if you don’t have strong credit history.

We give you one point of contact, an account manager from start to finish. We look to provide solutions quickly, in some

cases able to deliver approvals within hours.

We have access to over 40 lenders with deals not available on the high street. We are rated Excellent on Trustpilot. We offer a personal and professional service. There’s no complex call centre or different

departments to deal with, your dedicated Account Manager will understand your needs then guide you through the process, preparing documentation and finance proposals so you don’t have to, then they’ll find the right deal for you.

Having arranged nearly £1 Billion in funding for well over 12,000 UK businesses, our experts will take the time to understand your goals and if there’s finance available from our panel, we will help you get it. Use our finance calculator to estimate monthly repayments based on the borrowing amount, term and your approximate credit rating.