Higher than expected worldwide inflation levels over the past number of months have become a cause for real concern, both here in Ireland and throughout the worldwide economy. The Irish Agri sector has been experiencing significant challenges as input prices have increased dramatically over the winter months. Fertiliser in particular has practically doubled in cost while Agri suppliers are finding it more difficult to provide credit.
St. Colman’s Credit Union believe this to be a very opportune time to remind the local farming community of the assistance available for working capital requirements, in their suite of Agri loans on offer.
The Credit Union’s in-house Agri expert, Ciarain Doherty, fully understands the unique challenges (and opportunities) that come with farm management, both in the short and medium terms, so why not drop in and discuss your financial needs for the coming year. St. Colman’s offer Agri finance to a level of €65,000 without collateral for a wide variety of purposes, which can be structured for periods up to 7 years.
More substantial finance for farm investment/land purchase etc. is also available from rates as low as 5.5%, for which security is required. Non-members of the credit union can be comforted by the fact that opening an account and becoming a member is a painless exercise.
For more information, drop into our offices in Claremorris or Ballinrobe, call Claremorris on (094) 937 1159 and Ballinrobe on (094) 954 1402 or visit our website at www.claremorriscu.ie
St. Colman’s Credit Union…With our farmers, every step of the way!!