Farmers in for 10% of Credit Guarantee loans
So far, farmers have applied for 10% of the value of loans in the €2bn Covid-19 Credit Guarantee Scheme.
Farmers took up 10% of the loans in the first month of the Covid-19 Credit Guarantee Scheme. The biggest ever state-backed loan guarantee in Ireland, it offers €2bn of credit to businesses negatively impacted by the pandemic.
Loans between €10,000 and €1m, for terms between three months and five and a half years, including working capital and term loans, with loans of up to €250,000 unsecured, are available.
