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IFA Farm Business Chairman, Martin Stapleton has said the recent data from the Strategic Banking Corporation of Ireland (SBCI) on lending to SMEs and farm enterprises shows the demand among farmers for competitively priced loans.

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IFA Farm Business Chairman Martin Stapleton has said that the banks must show greater flexibility on loan duration for the agri-cashflow loans, based on the individual circumstances and repayment capacity of the farmer.

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IFA Farm Business Chairman, Martin Stapleton has welcomed the delivery of the low-cost agri-cashflow loans, due to be available in banks in the coming week.

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The €150m low-cost loan fund for farmers secured by IFA in Budget 2017 is now open, providing cashflow support loans for farmers at 2.95% interest.

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