December 25, 2018

Trees grow on money

By Ash Kendall & Cristina Villén

In June 2018, Fiduciam granted a €1.3 million, three-year commercial loan to Hatton Farm in the Republic of Ireland.  Hatton Farm, which operates under Hatton Produce Ltd, is one of Ireland’s leading potato producers and is renowned for the high quality of its potatoes. As Hatton Farm grew and diversified over the years, it also became an important Christmas tree grower, in fact it has 150,000 of them. Like many other Irish farms, Hatton Farm was really let down badly by the traditional banks in the aftermath of the financial crisis.  Marina Hatton commented: “Fiduciam believed in us when the big banks were simply there anymore. This farm has been in our family for three generations and it’s thanks to the loan that we got from Fiduciam that we can grow our business and secure our children’s future.”  As a thank you for the loan, Hatton Farm offered Fiduciam one of its home-grown Christmas trees for their office. As a bit of fun, Fiduciam sent two of its BDMs to chop down the tree and carry it home, and filmed the whole lot.