About Oxbury
Oxbury launched as a fully regulated bank in 2021 and is the only UK bank dedicated to British agriculture. We provide British farmers and food producers with the financing they need to run their farm businesses.
About Oxbury Foresty and Woodland Creation Finance
The planting of new woodland is a crucial element of tackling the climate and nature crisis due to the potential to capture and store carbon as well as creating new habitats to improve biodiversity and regulate water flow. Tree planting provides additional benefits for the farm business in the form of new income streams and improves long-term resilience.
Many farmers and land managers are looking to plant trees with the assistance of grants such as the England Woodland Creation Offer (EWCO) or the Landscape Recovery scheme. These grants require an initial capital outlay to create and plant the woodlands by the recipient.
Many farmers and land managers struggle to provide the necessary cash at inception which prevents projects taking place despite the potential future benefits to the business.
Oxbury are offering financing facilities to bridge the funding gap between the establishment of new woodland and the receipt of grant payments. Funding is released once the planning stages have been completed and have received approval for their projects from the necessary authorities. The length of the funding, interest rate and repayment terms will be discussed and agreed depending on each farmer or land manager’s individual project plan.
What is the application process?
Stage 1
Introductory telephone call
We will require the following information:
- Personal details and email addresses of all partners/directors
- Address of the business
- Certified or company accounts and business bank account statements (only if necessary to support your application)
- Security options (only if security will be required to secure the facility)
Stage 2
Credit application
We then start our onboarding process; however on occasion, we may request some additional supporting information:
- Clarification of information contained in your financial accounts
- Additional ID (usually a driving license) requested via a secure email. In some instances we may request a hard copy
- Drawdown conditional on appropriate grant approval
Why do I need to provide this documentation?
As Oxbury is a fully regulated bank, we have regulatory obligations to fulfil. We treat all customer information in the strictest confidence and in line with all data protection regulation
Stage 3
Documentation
Once the facility has been approved you will receive:
- The Oxbury Facility Agreement
- A Direct Debit Mandate
