04 08 2017
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.
IFA President Joe Healy has announced the key principles the Association will apply in dealing with vulture funds in support of farmers with credit difficulties, as well as a strengthened farmer support network to deal with individual credit cases.
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.
09 08 2016
IFA Farm Business Chairman Martin Stapleton has acknowledged the commitment by Ulster Bank to provide options to alleviate cashflow pressures on farmers, including interest only repayments and extending working capital.