Farmers heading to the national LAMMA farm machinery show on 22 and 23 January at Peterborough should weigh up their equipment and technology needs for the next four to five years – not just now – to help them build a “fit for purpose” long-term investment strategy.
Tony Rimmer from AMC agents Rostons land and property specialists says the top-performing businesses recognise the need for an ongoing investment programme. Lenders are likely to be especially supportive where that investment improves long-term productivity and efficiency or the technology helps increase business resilience.
For example technology that helps manage the impact of the extremes of weather, such as that experienced over the past few years, and recent innovations in precision farming will be high on the agenda for many.
“There’s no doubt that the ability to maintain business investment year in and out is one of the key characteristics of a successful farm business and according to AMC, lending for farm improvements consistently comes out as one of the top three reasons why farmers borrow .”
AMC will be at LAMMA on stand G5, and the team will be on hand to listen to ideas and plans, and provide suggestions on how investment programmes for any individual farmer can be structured to meet their needs.
If you have any questions on AMC finance, please do not hesitate to contact Tony Rimmer or Sam Starkey at the Rostons office.