David Hughes Rural
01603 851712
David Hughes Rural
07505 742730
David Hughes Rural
Overdrafts, Loans and Mortgages

Short term funding, normally arranged through the Banks for working capital such as the purchase of inputs pending receipt of monies from the sale of farm produce, generally for a maximum term of 12 months The overdraft limit is matched to the business’ borrowing requirements, including how much you need and how long it is needed for. The business only pays interest when the overdraft is used. Interest is charged at a variable rate that's linked to the Bank of England Base Rate.


Short term loans are typically used to fund assets which are generally not appropriate for Hire Purchase and Leasing. These assets include livestock, building improvements, poly tunnels etc.


Long term loans which are usually arranged for:

  • purchase of assets including land and machinery

  • refinance,

  • restructure,

  • diversification of the existing business.

We work with all the main high street Banks and will look to get the most competitive deal in the marketplace for the particular project you are considering. Loans available for virtually any rural business activity, for sole traders, partnerships, companies, trusts and pension funds offering a house and/ or land as security
In his old age Mentor was a friend of Odysseus who placed Mentor and Odysseus' foster-brother Eumaeus in charge of his son Telemachus, and of Odysseus' palace, when Odysseus left for the Trojan War. In time it has meant a trusted adviser. We can helping you grow your business by providing a one to one mentoring service. Mentors work for the business but help by challenging the business goals and then train and advise the business to help it achieve them.


Examples include:

  • Helping a young farmer develop his business by holding regular monthly meetings where we are able to give support and challenge plans.

  • Assisting businesses negotiate with their Bankers by being present at review meetings, where facilities are discussed

Asset Finance
Facilities include Hire Purchase, Leasing and Operating Leasing. A variety of assets can be purchased on asset finance including agricultural and horticultural machinery and equipment, renewable energy assets such as solar Panels, Biomass Boilers, as well as Office Equipment including telephone and computer systems, and much more.



Hire purchase can be arranged on a variety of assets and ownership reverts to the business at the end of the term. Instalments can be tailored to business cash flow and can be at ether fixed or variable rates. The business can still claim capital allowances and interest payments can be off set against tax. VAT can be reclaimed.


  • Up to 100% of purchase price can be funded

  • VAT may be deferred

  • Ownership at end of term

  • Cash Flow matched payments.



Similar to HP but VAT is payable on the instalments and the goods are not owned by the clients at the end of the period. This can be a very tax efficient way for a business to acquire assets


  • Up to 100% of purchase price ex VAT

  • VAT payable on rentals

  • Ability for business to have continued use of the asset for a nominal sum or the asset is sold and some of the cash monies may be retained.



Under this scenario the asset is effectively rented from the finance company with payments calculated on the end of period value of the asset. This allows the rentals to be kept relatively low.


  • Rentals and return conditions are agreed at outset

  • Resale risk taken away from client

  • Cashflow matched payments and tax effective.


David guided us and supported us through a difficult period when we moved to another bank, and set out to buy a neighbouring farm at the same time. Our eventual success in that purchase is largely due to the help and constructive advice that David gave us in obtaining, and structuring, our borrowing. He helped and supported us in shaping plans for other projects that would make our farming business more sustainable and resilient. We are very grateful that David brought his help and expertise to us at a critical time in the development of our farming business.

East Norfolk Farming Partners

David & I have worked together for many years on behalf of our mutual clients. It is always a pleasure to work with David as he works hard to provide solutions to the tasks in hand, he is a lateral thinker & never loses sight of what is in the best interests of his clients.

Norwich Accountant

David was our bank manager for around 12 years. His approach and enthusiasm has enabled us to expand and diversify our business extensively. When we purchased another farm David played an essential role in helping us to secure a loan and structure our debt accordingly, often going out of his way to help. Our business continues to work with David Hughes Rural Business Solutions Ltd.

Norfolk Farmer

Thank you for arranging Hire Purchase on the second hand Teleporter and the new Spread a Bale loader. The process was very efficient and you appeared very enthusiastic in helping my in my small pig business. I will contact again when I am about to purchase some more equipment.

Norfolk Pig Farmer

Thank you, for working with the company over the last 9 months to help us get our new business off the ground. You have helped the company obtain a Low Carbon Fund Loan and introduced a second director, without which the business would not have progressed to starting the spreading of liquid digestate.

Liquid Digestate Solutions Ltd

Thank you for your assistance in sorting out our business rebanking exercise, you introduced us to a new Bank manager and then liaised  with our Accountant and Solicitor to ensure that the change of Banks went as smoothly as possible.

With your help the structure of our business finances are much more appropriate with a 20 year loan and an Overdraft at a competitive interest rate.

West Norfolk Farming Business

Thank you for arranging the Asset Finance to enable our company to acquire more pig arcs and feeders etc for our outdoor pig farms.  The unusual structure was very tax effective which helped enormously.

Norfolk Pig Farmer

Thank you for your help in putting together a session on Business Planning in our Future Managers Course. From the feedback we obtained I know that the students enjoyed your session and gleaned a lot from discussions about  your experience as an Agricultural Bank manager. As always it was a pleasure to work with you and we look forward to working with you again in the future.

Easton & Otley College

@RexRural My umbrella organisation, hats off to the team in Wrexham who provide excellent support

2 months ago
David Hughes Rural