Finance

Solent: Trethowans advises on £1.2m agricultural-loan deal

Published by
TBM Team

A Wiltshire farming business is poised for further growth following a £1.2 million investment deal overseen by Trethowans. Solicitors from the law firm’s agricultural team acted on behalf of Clydesdale Bank to value the assets of Steve Benson Farming, which underpin the significant funding package.

Steve Benson Farming operates over 10,000 acres of land in Wiltshire and Oxfordshire and has a thriving grain storage facility at Wroughton, where its duo of 30,000 square feet grain stores has a capacity of 19,000 tonnes.

Marcus Thorpe, partner and head of agriculture and rural property at Trethowans, said: “The deal heralds positive news for farmers in the post-Brexit climate. There has been a great deal of uncertainty in recent months and it is encouraging for farmers to know that they are being supported by the banks.”

Marcus Thorpe, partner and head of agriculture and rural property at Trethowans

TBM Team

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