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Agriculture Cashflow Support Loan Scheme

Dáil Éireann Debate, Thursday - 24 November 2016

Thursday, 24 November 2016

Questions (236)

Charlie McConalogue

Question:

236. Deputy Charlie McConalogue asked the Minister for Agriculture, Food and the Marine when farmers who apply for the new agri-loan scheme announced in budget 2017 can expect this lending facility to be operational in 2017; when successful applicants will receive loans; and if he will make a statement on the matter. [36767/16]

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Written answers

I announced last week that the Strategic Banking Corporation of Ireland (SBCI) has invited banks and other lenders to take part in the "Agriculture Cashflow Support Loan Scheme". The closing date for this "Open Call" is 25 November 2016. My Department and the SBCI have been working closely on the Scheme and it is hoped that loans will be available through the participating financial institutions early in 2017.

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