FundEquip scheme opens to Glanbia farmers for Grass Technology range
In addition to Lakeland Dairies and Arrabawn, Grass Technology Ltd has partnered with Glanbia and Finance Ireland under the FundEquip scheme to help farmers secure funding for its equipment range.
Glanbia farmers can now avail of a Grass Technology zero-grazing machine or any of its LESS equipment under FundEquip. \ Philip Doyle
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Carlow-based manufacturer Grass Technology Ltd has announced its partnership with Glanbia and Finance Ireland under the FundEquip scheme.
Under this initiative, Glanbia dairy farmers can now access finance for the full Grass Technology range, including its zero-grazing machines and low-emission slurry spreading (LESS) equipment.
The scheme allows Glanbia suppliers to borrow up to €75,000 over three or five years at respective interest rates of 3.9% and 4.5%.
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Repayments
Similar to the MilkFlex loan scheme, repayments are structured over peak milk production periods.
Managing director of Grass Technology Ltd Jim Barron said: “Glanbia will also offer the service of completing applications for farmers wanting to secure TAMS II grant aid on LESS equipment.”
FundEquip has been around for some time now, although solely for the purchase of equipment such as bulk tanks, feed bins, generators and automatic calf feeders, etc.
Since last year, Lakeland Dairies and Arrabawn milk suppliers have had access to the Grass Technology range through FundEquip.
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Carlow-based manufacturer Grass Technology Ltd has announced its partnership with Glanbia and Finance Ireland under the FundEquip scheme.
Under this initiative, Glanbia dairy farmers can now access finance for the full Grass Technology range, including its zero-grazing machines and low-emission slurry spreading (LESS) equipment.
The scheme allows Glanbia suppliers to borrow up to €75,000 over three or five years at respective interest rates of 3.9% and 4.5%.
Repayments
Similar to the MilkFlex loan scheme, repayments are structured over peak milk production periods.
Managing director of Grass Technology Ltd Jim Barron said: “Glanbia will also offer the service of completing applications for farmers wanting to secure TAMS II grant aid on LESS equipment.”
FundEquip has been around for some time now, although solely for the purchase of equipment such as bulk tanks, feed bins, generators and automatic calf feeders, etc.
Since last year, Lakeland Dairies and Arrabawn milk suppliers have had access to the Grass Technology range through FundEquip.
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