WHO WE SERVE
Family farms in succession.
The transition from one generation to the next is one of the most financially complex events a family business faces. Clunes finances the transition.
Multi-generational farming operations approaching or in succession often carry a debt structure built for the generation that is leaving. The new operators — taking on land, plant, and debt simultaneously — need finance structured for the business they are inheriting, not the one their parents ran.
Common requirements in this segment include sibling buyout loans, estate equalisation facilities, and refinancing that separates the successor’s debt from the retiring generation’s position. These are not standard transactions. They require a lender who understands succession and a broker who can structure the finance around the legal and tax position.
Clunes works alongside solicitors and accountants rather than instead of them. The legal and tax structure must be in place before the finance can be properly scoped.
Discuss a succession finance requirement.
These conversations are worth having early.