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Agriculture Cash Flow Support Loan Scheme
From Department of Agriculture, Food and the Marine
Published on
Last updated on
From Department of Agriculture, Food and the Marine
Published on
Last updated on
The Agriculture Cash Flow Support Loan Scheme provided low-cost flexible working capital finance to help farmers deal with changes in the sterling exchange rate and lower commodity prices in 2016 and 2017. The scheme was developed in cooperation with the Strategic Banking Corporation of Ireland (SBCI).
Provisional drawdown data showed there were 4,246 applications totalling €144,903,656, with an average loan size of €34,127 and an average loan period of 41 months.
The loans were available to all livestock farmers, tillage farmers, horticulture producers - including mushroom growers - and others involved in primary agricultural production including poultry producers.
Applicants had to satisfy the requirements of the EU aid package. They had to be one of the following:
The loans offered had the following features:
Loans could be used for:
This scheme is now closed to new entrants. For further information see the SBCI website.