How can peer to peer investing benefit farmers?
In this blog we explore how farmers and landowners can use their surplus cash flow or land/property assets to secure their future by P2P investing.
Whether you’re looking for a retirement property or want to increase your monthly income, we discuss three ways FOLK2FOLK may be able to assist.
Investing Surplus Cash
With Brexit creating uncertainty for farmers across the country, why not create a capital buffer for challenging times ahead?
By investing your surplus cash via the FOLK2FOLK peer to peer lending platform you could earn an inflation-beating interest rate of typically 6.5% p.a. paid monthly, while your capital is secured against land or property. Investments start from £20,000.
Planning for Retirement
Do you have land or property you could use as security to access finance? Why not use this finance to aid your retirement preparations by:
- purchasing a retirement property whilst the farm continues to earn you income.
- consolidating and refinancing any existing debt.
Once you’re ready to retire, you can sell the farming assets, repay your loan and become a FOLK2FOLK Lender to earn monthly interest to supplement your retirement income.
Succession Planning
This requires a delicate balance between ensuring the older generation have cash to retire without taking too much and thus starving the business of much needed working capital.
One solution is to invest capital via the FOLK2FOLK platform to generate a monthly income which may supplement the older generation’s retirement without reducing the capital holding of the farming business.
If you’re interested in finding out more about how you can start investing via the FOLK2FOLK platform give us a call on 0333 455 1902 or visit here.
Capital at risk. No FSCS.
