“Mainly what I wanted to use the Cultivate Loan for was to improve breeding stock on the farm and improve the handling facilities, cattle crush and loading areas. Cultivate loans are unsecured, and there is no need to be an existing credit union member to avail of a loan. Farmers can sign up in their local participating credit union office and be eligible to apply for a Cultivate loan immediately. Cultivate loans are used by farmers like Conor Kennedy for a wide range of investments including:Stocking or working capitalUpgrading farm buildings and handling facilitiesPurchasing new or second-hand machineryUndertaking farm improvement works such as fencing and reclamation. Cultivate loans are offered by 36 credit unions across 111 locations in Ireland.

Source: Irish Examiner September 22, 2021 08:37 UTC