H&H Level-Up Offering by Bringing Asset Finance In-House
Posted on: 21st September 2020
H&H Insurance Brokers launch own division of financial lending facility to expand support to customers.
In a step to further develop a natural synergy within the H&H Group of companies, H&H Insurance Brokers is bringing its asset finance activities in-house, with the launch of H&H Asset Finance. This new internal division will provide money lending facilities to clients with a focus on financing opportunities in farming, diversification, machinery investment, and rural livelihoods.
H&H Asset Finance is expected to capitalise on extensive knowledge and agricultural experience accumulated through the range of H&H operations including H&H Land & Estates, H&H Insurance Brokers and specialist livestock trading company Harrison & Hetherington.
Paul Graham, Managing Director of H&H Insurance Brokers, commented on the evolution of the business: “We are constantly trying to offer services that are of value to our customers. Given H&H’s unique expertise and overview of the rural market, it made sense to deliver financing directly to our clients. We are present across all aspects of agriculture, so from this position we can be trusted to deliver effective financing and thoughtful advice for the further development of businesses.”
Working in partnership with financial experts Mulberry Finance, H&H Asset Finance will focus on helping companies grow, diversify and evolve. This is a key forward-looking agenda in the current context of oncoming policy change and a green farming transition.
Paul continues: “This will be a natural synergy with our existing services, where our access to markets will help get customers the finance they need to take their business forward. We will offer short and long-term secured lending, natural debt consolidation and other financial services, striving to offer an unencumbered process. This in-house venture dovetails neatly with what we already do, and what clients need in terms of investment in livestock, machinery, sales, farm stock and land.”
H&H is building further on its goal of providing a “one-stop shop” for its customers and the rural community. This direct provision of financing services speaks to H&H’s growing capacities to support farmers in all aspects of their operations, and a concerted effort to drive collaboration and overlap between the Group’s businesses. For over a century, H&H Group has been at the forefront of innovation, always accompanying the industry through market trends and meeting farmers needs’ by stepping into new operational spaces as they develop.
Today, the Group broadens their services with this specialist division of H&H Asset Finance, bringing money to customers when they need it most. Working closely with other rural businesses the team will help with financial products whether clients seek to acquire a new or used tractor, upgrade farm machinery, expand their acreages, finance renewable energy or environmental schemes, develop diversification enterprises, or simply raise a cash injection for their business by offering re-financing options.
Going forward, Paul Graham will work with his team to expand the H&H Insurance Brokers offering in line with customer demand. With offices throughout the Northern region, financing services will be offered across their whole network of customers in Durham, Northumberland, Cumbria and the Scottish Borders.