by Steffen Müller
UK lessor Aldermore has further extended its asset finance scope by targeting the agriculture and ground care equipment markets.
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After its recent expansion into soft asset funding, Aldermore will now offer finance on agricultural assets and ground care equipment through specialist agricultural finance brokers.
According to Robert Brundell, business development manager for Agriculture at Aldergate, the bank already funded over £15m of agricultural equipment since March.
Brundell added: "We’re building a solid intermediary base which will allow us to further fund this important industry sector and help clients purchase the equipment they need", said Brundell.
Paul Rooney, head of construction and agriculture for Aldermore, stated "much needed funding requirements" of the UK’s agricultural community and said to be delighted to be able to offer funding to these "hard working SMEs".
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