AMC or Bank

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	November 2004

AMC or Bank?

DOES YOUR BANK UNDERSTAND YOUR BUSINESS ?
AMC was established in 1928, with the sole purpose of providing medium to long term finance in the agricultural industry. Today they remain specialists in finance in the rural sector lending to all types and sizes of agricultural and horticultural businesses in England, Wales and Scotland. AMC therefore understands the issues that affect agriculture and does not take the umbrella away when it starts raining.

IS YOUR BANK MANAGER DEDICATED TO AGRICULTURAL LENDING ?
AMC operates through a network of local agents, all of whom are specially trained to understand and discuss your finance requirements. All are trained Chartered Surveyors with a background in agriculture and rural land management. They understand the way agricultural businesses work, and the issues affecting the industry day to day.

DOES YOUR BANK HAVE LOCAL AGRICULTURAL KNOWLEDGE ?
AMC agents live and work in the locality. All are Chartered Surveyors, who provide many other services within their local agricultural communities. They understand the issues affecting you locally, and are able to offer other services that compliment their role as an AMC Agent and Valuer.

DOES YOUR BANK REFUSE TO STRUCTURE LONG TERM BORROWINGS ?
AMC finance is specifically designed to provide a medium to long term commitment. Loans can be repaid over 5 to 40 years, and can be taken on a repayment or interest only basis. Loans can also be taken on a variable or fixed rate for any period. AMC loans are not recallable on death so long as there is continuity in the farming business.

BEING CHARGED ANNUALLY FOR THE PRIVILEGE OF MEETING THE BANK MANAGER ?
After payment of an initial setting up fee there are NO annual charges levied against an AMC loan, provided that your obligations to AMC are met. There are no annual reviews, as AMC know that your time is better spent managing your business.

LOOKING FOR FINANCE AT COMPETITIVE RATES FOR ANY AGRICULTURAL PURPOSE ?
Many people think AMC just lends to buy land. This IS NOT the case. AMC can help finance numerous opportunities facing your business, and regularly lends for:- Restructuring borrowing - new buildings and fixed equipment - paying out retiring partners - buying quotas - machinery purchases - diversification - working capital - land improvements and not forgetting buying land

DOES AN AMC LOAN SOUND LIKE A REFRESHING ALTERNATIVE TO BANK FINANCE ?
Then contact Alan Bowe, Tim Parsons or Nigel Parmenter at H & H Bowe Limited on 01228 640920 for a free no obligation meeting to discuss your needs and requirements and see if AMC is the way forward for your business.

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