"Here at JCB Finance we are fully aware of the damaging impact this heatwave and drought may have on many of the UK Farmers.
Some may be facing a certainty of shortage in forage and feed and likewise some may be concerned over prices and yields in the months ahead. JCB Finance are proud to affirm our commitment to supporting UK Agriculture and to let customers know that we will do all we can to support those affected.
For those who have planned purchases, you may wish to consider the use of Hire Purchase as alternative to paying with cash. Hire Purchase is a route to ultimately owning a machine or vehicle and can help preserve working capital, the lifeblood of any business that can be called upon for wage, fuel, tax and feed bills. Also,Fixed Rate Hire Purchase hedges against potential interest rate increases and cannot be withdrawn at any time, unlike conventional overdraft borrowing.
We will continue to monitor the situation and do all that we can to support our customers."
-Paul Jennings, Managing Director, JCB Finance
If you are a JCB Finance customer and would like to discuss any concerns you may have please contact your Relationship Manager or call 0800 150650. Alternatively, if you are a JCB Finance Online user please click here to login and request a call back.