Cheaper loans in June to help business, farmers cope with Brexit

New Brexit Impact Loan Scheme on the way

Tánaiste Leo Varadkar and Agriculture Minister Charlie McConalogue have welcomed the new Brexit loan scheme which will be launched in June. Picture: Julien Behal Photography

About €130m in cheap loans will become available to food businesses, farmers, and fishers in mid-2021, through the new Brexit Impact Loan Scheme.

It will make up to €330m of lending in total available to help businesses continuing to respond to Brexit.