Hutchinsons is proud to be supporting the new agricultural bank Oxbury, set to launch in January 2021 offering financial services specifically tailored to British Farmers.
Oxbury is building the UK’s specialist agricultural bank, the only bank that will have a singular focus on British farmers, and is set to provide farmers with the specialised lending they need to run their farms, and provide savings accounts to any individual or business that want to back British farmers and UK agriculture.
What services does Oxbury offer?
Oxbury Farm Credit is Oxbury’s flagship account, an exclusive input finance facility providing farmers with a flexible, convenient and competitive alternative to a bank overdraft or trade finance.
Oxbury Farm Credit allows you to buy inputs when you need them and pay for them when it suits your cashflow.
To remove the burden of administration, Oxbury’s technology ensures all of your input invoices are automatically uploaded into their secure online platform for you to access 24 hours a day. You will be able to review your account in real time, query and pay invoices, make repayments and monitor monthly outgoings all in one place.
This technically innovative cashflow management service will be available at launch to medium-to-large Arable and Dairy farmers through your existing trusted suppliers (including Hutchinsons). Further expansion across the UK, across agricultural sectors, and with further input suppliers will then take place in the coming months.
Oxbury Savings Accounts will be available to any farmer, business or individual who wishes to keep their money safe while backing British farmers and the future of UK agriculture.
At launch Oxbury will offer a range of competitively priced and digitally accessible Instant Access, Notice and Fixed-Term Savings Accounts.
All Oxbury Savings Accounts will come with the simple guarantee:
Every pound saved with Oxbury, goes to support British farming and nothing else.
We recognise that the UK agriculture is at a crossroads and we are ready to support an already world-leading industry in moving to an even more sustainable and productive future.
Oxbury’s Farm Loans are designed to support your longer-term requirements, with the agricultural expertise to make quick decisions to help you grow your farming business for a sustainable future.