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Cultivate: Local Farm Finance

Cultivate: Local Farm Finance

Mallow Credit Union is delighted to announce its collaboration with Mitchelstown, Synergy & Youghal Credit Unions to bring Cultivate to Cork.

Cultivate is an initiative of a group of Credit Unions that provides short to medium term loan opportunities built specifically around the growing needs of our farming members.

Farming members can use Cultivate to:

  • invest in new or second hand machinery
  • upgrade buildings & facilities
  • purchase additional livestock
  • obtain working capital or increase cashflow
  • finance agri-business start ups

It allows the Mallow Credit Union farming members to borrow up to €40,000 unsecured at interest rate of 6.55% (6.75% A.P.R.) over a maximum of 7 years, with a repayment schedule that suits the individual.

For more information visit: www.cultivate-cu.ie.

If you would like to make an appointment to apply for a Cultivate farm loan with one of our professional loan officers please contact any one of our 8 branches.

 

 

 


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