Sector

Leasing & Loans

Programme Size

£10m

Programme Establishment

December 2025

Programme Type

Senior Secured

Founded in 2018 by Dean Pollen and Chris Day, Alchemy provides secured asset finance and bridging loans to UK farmers and rural businesses – a market historically underserved by mainstream banks. The Company lends against tangible assets such as agricultural machinery and property, combining sector expertise, speed of service, and relationship-driven origination.

Dean Pollen, Alchemy’s Managing Director, co-founded the business following a 30-year career in commercial leadership, business development, and entrepreneurship. Having held senior management roles at Baxter Healthcare and UKProcure, and later founding and growing international ventures in the hospitality sector, Dean brings strategic vision and commercial discipline to Alchemy, driving its growth and reputation as a trusted funding partner to the rural economy. Chris Day, Director of Arrears and Operations, co-founded Alchemy with Dean and oversees the Company’s arrears, recoveries, and operational management. With over 30 years’ leadership experience – including 16 years with West Midlands Police and senior operational roles at Nationwide Corporate Finance – Chris has established robust operational controls and risk management frameworks that underpin Alchemy’s consistently strong arrears performance.

The £10 million MTN programme was established in December 2025 via a ringfenced SPV, Alchemy Farming Finance Ltd, to fund across Alchemy’s whole product set – i.e. bridging and asset finance. The Programme is designed to enable Alchemy to expand its loan book while diversifying funding sources. Security comprises a first-ranking security over a portfolio of bridging loans and asset finance agreements. Junior capital will be fully provided by Alchemy, and the Programme will be supported by a guarantee from the parent (Alchemy Business Finance Ltd).

“This £10 million Medium Term Note facility is a significant step forward for Alchemy. It strengthens our balance sheet and allows us to support more farmers, equestrian businesses and forestry operators with the funding they need to invest and grow. Working with LGB & Co. has given us access to a flexible capital structure that aligns well with our specialist agricultural focus and long-term growth plans.”
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