Barclays launches new finance facility to help farmers transition to sustainable practices

Barclays has launched a new market-leading lending facility designed to support UK farmers adopting regenerative and sustainable agricultural practices.

Barclays has launched a new market-leading lending facility designed to support UK farmers adopting regenerative and sustainable agricultural practices.

The Farm Transition Finance (FTF) proposition offers eligible farmers a 0.3 per cent interest rate reduction on standard term loans, with flexible repayment structures designed to reflect the needs of individual businesses. The facility aims to make investment in nature-friendly changes more accessible by allowing farmers to use existing farm certifications, supply chain programmes and government grants as evidence of transition plans.

Eligibility is not tied to a single initiative. Farmers taking part in recognised schemes such as DEFRA’s Sustainable Farming Incentive (SFI), the LEAF Marque Standard, Soil Association organic certification and Regenified’s 6-3-4 Verification Standard can all qualify, alongside other supply chain programmes demonstrating a commitment to regenerative methods.

Wayne Astridge, Head of Agriculture at Barclays Business Banking, said: “Barclays has a long history of supporting UK agriculture and currently works with over 30,000 farmers. Farm Transition Finance reflects our ongoing commitment to the sector and is a clear example of how we’re working with farmers as they navigate the transition and explore opportunities to continuously improve their sustainable farming practices.”

The facility is designed to support improvements in soil health, biodiversity, water efficiency and emissions reduction. By enabling access to lower-cost finance, Barclays hopes the scheme will boost the resilience of UK farming businesses and help them remain competitive and future-ready in an evolving landscape.


Jamie Young

Jamie Young

Jamie is Senior Reporter at Business Matters, bringing over a decade of experience in UK SME business reporting. Jamie holds a degree in Business Administration and regularly participates in industry conferences and workshops. When not reporting on the latest business developments, Jamie is passionate about mentoring up-and-coming journalists and entrepreneurs to inspire the next generation of business leaders.
Jamie Young

https://bmmagazine.co.uk/

Jamie is Senior Reporter at Business Matters, bringing over a decade of experience in UK SME business reporting. Jamie holds a degree in Business Administration and regularly participates in industry conferences and workshops. When not reporting on the latest business developments, Jamie is passionate about mentoring up-and-coming journalists and entrepreneurs to inspire the next generation of business leaders.