Oxbury Bank Transition Facility – accessing 1% over base lending!

This week after Chris’ report, Will and Ben are joined by Nick Evans, co-founder and Managing Director of Oxbury Bank and David Keiley from Kite, to discuss financing and sustainability. They focus on Oxbury’s new ‘transition facility,’ designed to offer finance at as low as 1% over base for farmers who are carbon footprinting & actively looking to improve their carbon credentials either via engagement with SFI or processor/retailer carbon reduction schemes. Nick explains the key features and qualifying criteria along with Oxbury’s motivation for providing the funding. David talks about the importance of access to finance for farmers, especially regarding working capital and stresses the need to collaborate across the supply chain to gather data, reduce carbon footprints and support the Net Zero goal.Please note: The information provided during this podcast has been prepared for general informational purposes only and does not constitute advice. The information must not be relied upon for any purpose and no representation or warranty is given as to its accuracy, completeness or otherwise. Any reference to other organisations, businesses or products during the podcast are not endorsements or recommendations of Dairy Consulting Ltd or its affiliated companies. The views of the presenter are personal and may not be the views of Dairy Consulting Ltd. The contents of this podcast are the copyright of Dairy Consulting Ltd.