Agricultural Bridge Supporting Land Acquisition & Planning

Client Background

A South Wales business owner running a successful fleet monitoring company rented 23 acres of agricultural land from a financially distressed farmer, while paying heavy deferred payments of £6,500 per month.

Challenge

The client wanted to acquire the land, clear the deferred payments, and progress a planning application for a future commercial unit. Although the land was valued at £340,000, its agricultural-only use limited traditional funding options.

Solution

Cornerstone arranged a £150k bridging facility based on:

• The strength of the client’s profitable trading business
• The land’s value without planning consent
• Credit-backed terms delivered within 24 hours

Outcome & Additional Value

The solution immediately eliminated the £6,500 monthly vendor payments, as interest was retained for 12 months.

Cornerstone has also offered an uplift to the facility once planning is secured, supporting the client’s longer-term commercial development plans.