Cultivate Farm Finance

A loan specifically Designed for Farmers. Cultivate provides short to medium term loan opportunities built specifically around the growing needs of our farming members.

No Hidden Fees

There are no hidden fees or transaction charges.

Competitive Interest Rate

Our special Cultivate loan rate is
6.55% (APR 6.75%).

Interest Rate Reduction

Repayments are calculated on your reducing balance, so you pay less interest with each repayment.

Insured Loans

Your credit union loan is insured – subject to terms and conditions – at no direct cost to you. Other lenders charge for this.

No Penalties

You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, without a penalty.

Local, friendly and professional

Easy loan process with quick decisions..

When you take out a loan with us, you help us give back to support a variety of community activities – from local schools, local charities, community groups and sports clubs.

Loan Calculator

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APR 11.00%

APR 11.00%

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Loan Enquiry

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How to Apply


Existing members can come in to any of our offices, call us on 053 9233 835 or make an application online when they are registered. We can then discuss your needs and proceed with your loan application.

What We Require


1

Outgoings

  • 3-12 months bank statements (most recent)
  • Credit card statement (if applicable)
  • Mortgage statement (if applicable)
2

Proof of Income

  • 3 years Financial accounts
  • Statement of Direct Payments
  • Chapter 4 Self Assessment statement or From 11
  • Evidence of non-farm income
  • Written confirmation from accountant that the applicant's tax affairs are up to date and in order.
  • Written confirmation from DAFM of approval of TAMS grant (Capital projects only)
  • Last milk cheque statement for the previous year (dairy farmers only)
3

Photo ID

  • Passport
  • Drivers Licence

Lending Criteria


Conditions

Minimum Loan €1,000
Maximum Loan €50,000

Minimum Term 1 year
Maximum Term 7 years

Unsecured loan

Whatever your needs:

Invest in new or second hand machinery
Upgrade your buildings and facilities
Purchase additional livestock
Obtain working capital
Increase cashflow
Other Projects will be considered

Why choose Cultivate?

Free Loan Protection Insurance, if the borrower dies the loan is cleared – subject to age & health restrictions.
Choice of repayment options to suit your circumstances.
Interest is charged on the reducing balance of the loan.
No penalty charges for early repayment.
No hidden fees or set up costs.
No upfront repayments.
No transaction charges.

Please note: When applying for a Cultivate loan, one of our lending officers will take you through the application. Please call 053 9233 835.

When processing a loan application we use credit agencies for credit reporting purposes, please check out
The Central Credit Register.