‘CULTIVATE’ Farm Loans are now available through seven credit unions in the Midlands.

Written 3 months ago by Emma Comerford


‘CULTIVATE’ Farm Loans are now available through seven credit unions in the Midlands.

Ronan was joined in studio by Brendan Heneghan, Project Manager of Cultivate and a former Regional Manager with Teagasc and Michael Evans, Manager of Birr Credit Union.

The Cultivate farm loan package can offer up to €50,000 loans for a variety of purposes in line with the stakeholder/market research feedback, this is based on finance for -working capital, livestock purchase, farm development, farm machinery purchase. Start-up finance for young trained entrants to farming will also feature in the loan package.  The term of the loan can be up to 7 years and over €10m has been issued already.

Credit Union farm loan officers have completed a bespoke “Farm and Finance Training course” organised by Teagasc and Pallaskenry Agricultural College.

Information and application forms for Cultivate farm loans can be got from your local Credit Union offices or at www.cultivate-cu.ie