Specialist agricultural sector lender UK Agricultural Finance has announced new hires on the back of improving demand for its services, the lender said in a statement.

UK Agricultural Finance said it offers traditional, responsible lending to farmers throughout England, Scotland and Wales.

As well as recruiting Tracey Simm, UK Agricultural Finance has hired two additional members for its business development team to assist with its continued expansion.

Simm has over 30 years’ experience in finance, previously working at Barclays, Santander and Folk2Folk.

Sue Mackintosh-Gibbs is joining from Folk2Folk where she ran business development in the Midlands and Wales. She has 25 years’ experience in financial services having previously worked for RBS and BNP.

Nicola Purcell has also been recruited to support the business development team. She previously worked for Folk2Folk for three years, working with Tracy and Sue over that time.

Graham Noble, director of UK Agricultural Finance, said: “Their experience and locations will help us continue to deliver a high-quality customer service locally to our introducers and brokers. These are the first of a number of hires we are making to help with our expansion plans,” he added.

UKAF’s funding allows farmers to diversify, acquire more land, build renewable energy projects, restructure, buy more livestock, help families with generational transfer and provide tenant farmers with capital to purchase their farm.