Loans
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.
Niall Hurson on 25 Nov 2020
Farmers eligible for new Brexit business loan
Loan amounts of €5,000 to €25,000 are available and terms range from six months to three years.
Peter McCann on 04 Nov 2020
Self-employed COVID-19 grant increases
The UK government has extended the deadline for applying for the bounce back loan scheme to 31 January 2021
Paul Mooney on 14 Oct 2020
Farm saved from vulture funds in landmark High Court case
High Court decision requires vulture funds to accept a plan put forward by indebted farmer.
Niall Hurson on 05 Oct 2020
IFA launches credit guarantee scheme guide
The IFA has said farmers should not be turned off by eligibility requirements, encouraging those affected to apply.
Niall Hurson on 22 Sep 2020
COVID-19 payment break deadline approaches
There will be no impact on the credit rating of borrowers who avail of a payment break as a result of being financially affected by the pandemic.
The Dealer on 16 Sep 2020
Have the vultures flown into a golden circle?
Critics say the legislation passed in July means that vulture funds have all the benfits of being a regulated bank, but not the responsibilities.