HSBC UK is widening access to its Sustainable Farming Pathway, enabling more farmers to transition to sustainable farming practices.
Following the successful launch with Linking Environment and Farming (LEAF) in 2024, the Pathway now includes additional eligible third-parties – First Milk, Soil Association, Cefetra, and Soil Capital, each providing their own sustainability schemes, frameworks, and certifications.
Eligible farmers can receive discounted loan arrangement fees on term lending between £25,001 and £25 million, including flexible business loans, commercial mortgages, and property development loans.
Martin Hanson, head of agricultural banking at HSBC UK, says: “This scheme plays an important role in financing the transition towards more sustainable food production. We’re pleased to announce we’re now working with the Soil Association, Cefetra, Soil Capital, First Milk, alongside LEAF, to help eligible farmers access to finance with discounted loan arrangement fees on applicable products.
“This is also just the start – we expect additional schemes and frameworks to join the Pathway in the coming months.”