As poultry farmers adapt to heightened bio-security concerns and growing financial pressures in a highly competitive market, prudent cash flow planning is critical for the sustainability of egg producers. Based on our deep understanding of the farming sector, we have developed a Pullet Finance solution to support farmers in the egg production industry with funding to match the laying cycle.
With egg production starting after a new flock of hens settles in, and fewer farmers able to rotate birds so that they always have at least one productive flock, cash flow challenges can impact significantly on working capital.
Our Pullet Finance solution can help alleviate the financial strain because you start paying for your birds as they start laying eggs and producing income.
If you are new to the poultry industry, or an existing egg producer with a proven track record, Pullet Finance can help you optimise your cash flow over the lifetime of each flock and control future business growth.
We are committed to supporting Britain’s farmers and to developing finance solutions that support the needs of the poultry industry. Pullet Finance is a specialist offering providing finance to egg producers in advance of the sales cycle.
Any property given as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage or other debts secured on it.
All lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.
You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.
Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.
Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Telephone: 020 7626 1500.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered. For further information about the compensation provided by the FSCS, refer to the FSCS website at www.fscs.org.uk/Visit the Financial Services Compensation Scheme website. You can also visit our Financial Services Compensation Scheme page for more details.