| 2013-05-24 |    |
The Agricultural Mortgage Corporation (AMC), which provides specialist finance to more than 8,800 farming businesses across the UK, has strengthened its presence in East Anglia with the appointment of Mike Lord as Regional Agricultural Manager.
The appointment comes following a sustained period of growth for AMC. With bank lending to the agriculture sector at record high levels coupled with low interest rates, farmers are increasingly recognising that now is a good time to invest in their businesses.
Mike Lord
Mike is a dairy farmer’s son with practical arable management experience and has managed a large estate in Cambridge.
A graduate of Harper Adams, Mike has recently had a successful period as an Agricultural Manager for Lloyds TSB Agriculture and joins the AMC at a time when total lending to agriculture is at record levels.
Mike says: “With long term prospects for farming being very positive, now is a great time to be involved in helping businesses plan how best to take advantage of the opportunities the growing demand for food will offer.”
Commenting on the appointment Jonathan Allright, Head of AMC, says: “Demand for borrowing amongst our customers remains incredibly strong on the back of good prospects and historically low interest rates.
“This year is AMC’s 85th year supporting the sector with medium to long-term lending and Mike’s agricultural experience will strengthen our existing specialist team and add real value to our farming customers businesses.”
Mike can be contacted on 07843 597 743 or via e-mail on m.lord@amcplc.com
