Teagasc talking money
Some of these investments were heavily leveraged — funded by borrowings — and are now worth a fraction of the initial cost, leaving these farmers in a poorer equity position.
Under-pressure farmers who will need ongoing support and advice in dealing with their financial institutions and other creditors will be identified by a financial planning service offered to all of Teagasc’s 42,000 farmer clients over the next seven weeks, in conjunction with Single Farm Payment application assistance.
