Creed Launches Low Cost Loan Scheme for Farmers - Loans of up to €150,000, for up to 6 years, at interest rate of 2.95%, will be available this week through AIB, Bank of Ireland and Ulster Bank
The Minister for Agriculture Food and the Marine, Michael Creed TD, today launched the Agriculture Cashflow Support Loan Scheme. The Scheme was developed in co-operation with the Strategic Banking Corporation of Ireland (SBCI), which has today confirmed that AIB, Bank of Ireland and Ulster Bank will distribute the loans, making €150 million available to farmers throughout Ireland at low-cost interest rate of 2.95%.
31st January 2017