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EIB-backed loans are to come for the EU's young and women farmers, as well as those focusing on the environment, with the possibility of subsidised interest rates.
Donal Keane and his wife Frederique had claimed that their 147-acre farm and stud had a zero valuation and was unsaleable due to a title issue on the property.
Farmers were critical of the online lending application system, but Susan Maher of Bank of Ireland said meetings are available, but by appointment only
The latest review of the Credit Union’s farmer lending initiative shows that in the first half of 2024 the value of farm loan applications rose by 33%, when compared with the same period in 2023.
The nature of farming like any business, is that farmers are continually investing in their farms, land, infrastructure, buildings, stock and machinery to improve on-farm efficiencies or productivity