Strong demand for farm building loans

Recently I spoke with Donal Whelton, agri advisor for AIB in the south west region, in relation to farm finance.

In particular, I was keen to find out how banks are gearing up to facilitate farm production expansion, as farmers look towards the elimination of milk quotas in 2015.

Donal says that farmers are becoming more active, and that a good deal of applications are now coming in for farm building loans.