---
title: Breedr launches £10m cashflow fund for farmers
description: Breedr new funding cashflow product, to help farmers purchase livestock and other inputs without securing borrowing on fixed assets.
---

[Latest News & Insights from Breedr ](https://www.breedr.co/news)

# [Breedr launches £10m cashflow fund for farmers](https://www.breedr.co/news/breedr-launches-10m-cashflow-fund-for-farmers)

 Written by [Breedr](https://www.breedr.co/news/author/breedr) | Jun 21, 2022 8:47:02 AM

Breedr is launching a new funding product, designed to help farmers purchase livestock and  
other inputs without securing borrowing on fixed assets.

The £10m Breedr Cashflow fund can also free up capital to invest in infrastructure, based on  
the value of livestock on the farm. “As a farmer I know that this year we’ve seen huge price  
inflation, so many are struggling with cashflow, even though beef and lamb prices are the  
highest in generations,” explains Ian Wheal, CEO of Breedr.

“We have now raised a £10m fund which we are prepared to lend to farmers who have a  
track record of recording with us. We want to support all farmers including beef, sheep, new  
entrants, tenants, growers, finishers and supply chains.”

The free Breedr app, which was launched in 2019, now has 4,000 users and over 200,000  
registered animals. It allows for easy recording of weights, movements, breeding  
information and medicine usage. And it has easy-to-read analytics reports to help farmers  
improve the efficiency, productivity and profitability of their businesses.

Livestock farming is notoriously unpredictable and keeping cash flowing can be a challenge,  
says Mr Wheal. “Banks generally only fund against fixed assets like land and buildings, but  
we recognise that not only are your animals are a valuable asset in themselves, they grow in  
value every day.”

Farmers who have weighed their animals and recorded other basic information about their  
cattle on the free app are eligible to apply for funding against the value of their animals, he  
adds. “We know that farmers who weigh often and record their medicines on Breedr are  
good farmers. By seeing this data being added to the system we can release cash against  
them, with rapid approval so you can get on with the business of farming.”

Breedr Cashflow will provide up to 80% of the value of cattle or sheep - either those which a  
farmer plans to purchase or already has on the farm. It charges a flat fee per head per day  
which is only repayable at the point of sale. No periodic payments are required.  
Ian Davies runs the 65ha upland Garth Fach Farm, near Llanidloes, Powys – and he has used  
the Breedr app and Cashflow option to help achieve his farm’s potential. Running  
predominantly Aberdeen Angus beef cattle and a flock of sheep, he records his livestock  
details in the app, giving him access to finance secured on his animals and freeing up  
cashflow on the farm.

“Before using the Cashflow system we budgeted to buy only 60 cattle each year because  
any lump sum tied up would be too great a financial risk,” he says. But, knowing he can  
meet bills mid-season using Cashflow if necessary, means he has the security to double his  
store cattle numbers to 120 animals. “It is invaluable in mid-season knowing that it is  
possible to use cattle to smooth out cashflow while still retaining them on farm,” he says.  
“I’ve been using Breedr for a few years now and when I called the team they were  
immediately supportive. They quickly allowed me to unlock the cash in a batch of calves that  
were approaching weaning, which meant I can take them through to finish where I’m going  
to have a higher margin.”

Farmers who want to access Cashflow should sign up to the [free livestock app](https://www.breedr.co/livestock-app?hsCtaTracking=d2e61283-8d76-44c8-a0a7-600d0835da52%7Cc37c4409-7638-4eec-a999-3700c179b59f) and then  
contact the trading team using the in-app tools. 

[View full post](https://www.breedr.co/news/breedr-launches-10m-cashflow-fund-for-farmers)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Breedr"
  },
  "dateModified" : "2022-06-21T08:47:02.490Z",
  "datePublished" : "2022-06-21T08:47:02Z",
  "headline" : "Breedr launches £10m cashflow fund for farmers",
  "image" : {
    "@type" : "ImageObject",
    "height" : 900,
    "url" : "https://8055559.fs1.hubspotusercontent-na1.net/hubfs/8055559/Ian%20Davies%20Twitter.png",
    "width" : 1600
  },
  "mainEntityOfPage" : "https://www.breedr.co/news/breedr-launches-10m-cashflow-fund-for-farmers",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Latest News & Insights from Breedr"
  }
}
```