At The Royal Bank of Scotland we believe the key to success is a close working relationship with our customers and other professionals within the farming industry. This helps us to understand your business better, so that we can develop and refine the services and products most beneficial to you.

With this in mind we have developed Quota Loan, a product designed to help farmers purchase quota, when the price is at its most advantageous for you, rather than when your cashflow allows!

On farms today, direct costs can account for around half of total farm expenditure, and these costs are year round

Quota Loan

• Can cover up to 100 % of the cost, excluding VAT

• Is available in up to four tranches,

• Has a minimum loan amount of £2,000 with no maximum.

• Is available for up to 60 months.

• And more than one loan can be arranged.

When the pressure is on to improve efficiency, it is important that these costs are kept under control, a Quota Loan gives you a way to manage this, throughout the year by offering;

• Repayments by monthly standing order, from your business current account.

The flexibility enables repayment to be scheduled to match your anticipated income, so that your cashflow is not adversely affected.

All this and with competitive interest rates and interest calculated daily basis a Quota Loan could be the answer you've been looking for!

For more information on a Quota Loan just call Jim Paterson, Farming Manager, on 07909 998 758.

To find out more about The Royal Bank of Scotland's Agricultural Services click here