'Milkflex' agri-loan for farmers doubles borrowing limit to €1m

Agri-loan is supported by over 20 cooperatives across the country 

Milkflex founder Billy Kane. Agri-focused lender Finance Ireland is doubling the borrowing limit for its Milkflex product for farmers to €1m. Picture: Colm Mahady / Fennells 

Agri-focused lender Finance Ireland is doubling the borrowing limit for its Milkflex product for farmers to €1m, from €500,000.

Milkflex is supported by over 20 cooperatives across the country and is tailored to Irish dairy farmers. To date, Finance Ireland has lent over €350m to farmers under the scheme.