Project Summary: Mole Valley Farmers

We are delighted to have provided debt advisory support to Mole Valley Farmers in partnership with Barclays and Leumi. Mole Valley Farmers Limited are a leading agricultural co-operative headquartered in North Devon. The group operate 55 locations nationwide providing a wide range of products to the agricultural sector through its retail stores, as well as a comprehensive provision of feed manufacturing, farm nutrition and soil agronomy products and services.

It was an absolute pleasure to work with Bruce and Steve once again to help deliver a bespoke funding solution, which supports growth whilst providing headroom to assist with managing the seasonal needs of a large agricultural business.

Funding Need: Working capital and growth funding

Facility: Asset based lending and trade facilities

Sector: Agriculture

Value: £60m

Date: May 2024

Bruce Korican, CFO, Mole Valley Farmers commented “This is the second re-finance project that Paul has advised us on and once again, he has delivered excellent value throughout. His input, guidance and support was a key element in securing several funding offers that enabled us to obtain the best / most appropriate overall facility. I have no hesitation in providing a 10/10 recommendation for Paul.”