A County Durham-based business finance broker has teamed up with NFU Scotland, the country's leading agricultural organisation.

NFU Scotland announced the new partnership with Anglo Scottish Asset Finance to create NFU Scotland Finance, a dedicated division with the purpose of offering bespoke business finance solutions to NFU Scotland’s 9,000 members.

NFU Scotland Finance will offer tailored loans, commercial mortgages, asset finance, business credit cards, and refinancing opportunities to NFU Scotland members.

Anglo Scottish Asset Finance, based at Lumley Court in Chester-le-Street, has been supporting businesses with business finance solutions for almost two decades and has extensive experience funding many types of agricultural machinery and vehicles, as well as diversification and green energy projects to help agricultural businesses achieve their growth and sustainability goals.

NFU Scotland CEO John Davidson said: "This partnership is built on a shared philosophy to help NFU Scotland’s members to achieve sustainable and profitable businesses.

“We've seen how impactful and innovative our members can be when they are supported by reliable financial services, and we expect many of them will use this opportunity to grow their businesses, and thus create a stable future for Scottish agriculture.”

The newly formed NFU Scotland Finance will be led by Andrew Laird, Head of Agriculture and Food Finance at Anglo Scottish, and supported by a team of farming finance specialist. The team plans to contact members directly, as well as attend NFU Scotland events to discuss new projects and commercial opportunities.

Andrew added: “We are thrilled to announce our partnership with NFU Scotland to establish NFU Scotland Finance.

“As an organisation, NFU Scotland is dedicated to representing and advancing the interests of farmers and crofters in Scotland. By joining forces to become NFU Scotland Finance, we are committed to providing NFU Scotland members with tailored commercial finance and asset finance solutions to help them achieve their growth and diversification objectives.”