Athenry Credit Union has responded positively to requests from the local farming community for a lower agricultural loan rate. With the Irish agriculture sector proving its dominance throughout the pandemic, many farmers have been looking to develop and future-proof their business.
In response Athenry Credit Union has introduced a lower rate for new agricultural loans from €25,000 up to €100,000 with terms available up to 10 years.
Speaking with Alan Clarke Lending Officer from Athenry Credit Union, Athenry Credit Union has always strived to service the needs of all our members. Being in a rural location, the farming sector is an integral part of the fabric of our community. Our lower rate agricultural loan has been developed to help farmers strengthen their farming enterprises whether it be for building new sheds, increasing stock, updating machinery, land purchase etc.
“Agricultural loan applications can be made online making the process as convenient as possible. Please contact any of our branches if there is such a need and we will do all we can to help you attain your goals,” he said.
The Credit Union work with each borrower to structure repayments in a way that will suit their individual circumstances. Athenry Credit Union has branches located throughout strong farming communities in Galway. Find out more by contacting a local branch or visiting AthenryCU.ie/agri