Loans
Darren Carty on 23 Jun 2021
Tailoring finances to deal with higher building costs
The 20% to 25% increase in steel and timber costs is significantly increasing the cost of building projects and leaving many farmers needing to relook at how the investment will be financed.
Kieran Mailey on 23 Jun 2021
Beef farmers lagging behind with benchmarking
Ulster Bank's Cormac McKervey pointed out that the report could be used to highlight the need for investment on the farm.u
Amii McKeever on 09 Jun 2021
Laughter lines and beer lines, an antidote in Monaghan
Not long after the Glanbia peak milk issue, Irish Country Living visited a milk supplier with a very different liquid on his mind. Amii McKeever met Séamus and Siobhan McMahon of Brehon Brewhouse.
Barry Cassidy on 29 Apr 2021
Number of credit unions offering farm loans grows to almost 90
Another 11 credit unions spread in Cork, Louth and Westmeath have joined the Cultivate farm loans initiative.
Kieran Mailey on 28 Apr 2021
Farmer well placed to pay bounce back loans
Financial institutions in Northern Ireland expect few problems as farmers start to repay borrowings taken out under the Bounce Back Loan Scheme
Amy Forde on 16 Apr 2021
KBC Bank looks to exit Irish market with loan sale to Bank of Ireland
On Friday, KBC Bank announced it had entered into talks with Bank of Ireland, which could result in the latter acquiring all of KBC's performing loan assets and liabilities.
Lorcan Allen on 10 Mar 2021
Credit Union reports increased borrowing demand from farmers
Beef farmers accounted for two thirds of all lending issued by the Credit Union in 2020.
Hannah Quinn-Mulligan on 03 Mar 2021
Insolvency arrangement saves Meath farm from vulture funds
Farmers are fighting to keep their land from vulture funds through the use of PIAs.
on 22 Feb 2021
Father and son operation cultivate a better future
Maurice Cogan and his son Robert had been beef and tillage farming for many years but when they started to plan for the future they realised ...
Barry Cassidy on 19 Feb 2021
Ulster Bank to exit the Irish market
The move will affect an estimated 10,000 farmers with borrowings from Ulster Bank, and a further 10,000 availing of current account facilities.
Niall Hurson on 19 Feb 2021
Ulster Bank loans must not be sold to vulture funds - IFA
The IFA has warned that Ulster Bank’s exit will add to diminishing competition in the sector.
Niall Hurson on 25 Jan 2021
Farmers draw down €160m under Future Growth Loan Scheme
The IFA has urged the Government to allocate additional funding to the scheme in order to sustain farmer demand.
Kieran Mailey on 20 Jan 2021
Farm borrowings up by £100m in NI
Farm borrowings in NI increased in 2020 with high uptakes of the government's Bounce Back Loan Scheme.
Lorcan Allen on 19 Jan 2021
Seven credit unions to offer farmer loans under COVID-19 credit guarantee scheme
Seven of Ireland’s largest Credit Unions will now offer lower cost loans to Irish farmers and agri food SME’s under the Government’s COVID-19 Credit Guarantee Scheme.
Contributor on 06 Jan 2021
Finance: getting prepared when seeking bank funding
Susan Maher, agri manager in Leinster with Bank of Ireland, answers all the questions farmers need answered to be best prepared when looking for farm finance
Hannah Quinn-Mulligan on 29 Dec 2020
Farmers drive demand for low-cost loans into December
Farmers have been keen to draw down loans, despite the pandemic and the implications of COVID-19 will stop
Hannah Quinn-Mulligan on 16 Dec 2020
Vulture fund makes millions from farm loans
Some 1,800 farm loans were sold by Rabobank to so-called vulture funds last year.
Lorcan Allen on 09 Dec 2020
COVID-19 makes little impact on farmer borrowing
An analysis by the Credit Union shows that farmer customers continued to borrow money in 2020, despite the uncertainty created by the COVID-19 pandemic.
Lorcan Allen on 09 Dec 2020
COVID-19 makes little impact on farmer borrowing
An analysis by the Credit Union shows its farmer members continued to borrow money in 2020, despite the uncertainty created by the COVID-19 pandemic.
Amii McKeever on 02 Dec 2020
Your Money: Efficiency before expansion - financing dairy growth
John Fitzgerald and Pat Byrnes, Bank of Ireland agri development managers, Munster, outline what is required if looking to finance growth on a dairy farm.