Agri-Business
Farmers account for just under a quarter of the total funding drawn down under the Future Growth Loan Scheme (FGLS) so far.
Three government ministers, including the Minister for Agriculture, have launched a €500 million expansion to the Future Growth Loan Scheme.
The Future Growth Loan Scheme - available to agri-food businesses and primary producers - will be expanded by an additional €200 million.
The government has been called on by the IFA to roll out the new Future Growth Loan Scheme (FGLS) and the Covid-19 Credit Guarantee Scheme.
The Microenterprise Loan Fund Amendment Bill 2020 was published by Minister Heather Humphreys in recent days.
Farmers have accessed loans worth a combined €51.8 million under the Future Growth Loan Scheme (FGLS) up to May 4, 2020.
The Future Growth Loan Scheme has received a boost of €200 million in funding from the Department of Business Enterprise and Innovation.
The Future Growth Loan Scheme (FGLS) is effectively full for farmer applicants, with no banks currently offering funding in the agri sector.
Given the pipeline of applications currently being processed, Bank of Ireland expects its SBCI fund to be "fully allocated shortly".
Rural Life
The limits of funding available to farmers under the Future Growth Loan Scheme have been raised by the EIF.
€75 million in funding will be made available by AIB as part of the Strategic Banking Corporation of Ireland’s ‘Future Growth Loan Scheme’.
There have been 1,353 applications for eligibility under the Future Growth Loan Scheme, of which 1,283 have been approved by the SBCI.
Ulster Bank has announced that it is now accepting applications for the Government's Future Growth Loan Scheme.
Bank of Ireland today confirmed its participation in the Government of Ireland’s Future Growth Loan Scheme (FGLS).
Applications for loan eligibility in the Future Growth Loan Scheme (FGLS) have opened today, Wednesday, April 17.
The announcement made today of the launch of the Future Growth Loan Scheme has been welcomed by a dairy farmers' lobby group.
Three ministers have launched the Future Growth Loan Scheme to allow for the roll-out of €300 million in funding to eligible Irish SMEs.
The Department has confirmed to AgriLand that up to €60 million will be available for farmers under the Future Growth Loan Scheme.
Agri Politics
Michael Creed has confirmed that his department's contribution to the Future Growth Loan Scheme will be made before the end of this year.
The legislation required to roll-out the 'Future Growth Loan Scheme' is not expected to cause any undue delays, according to Minister Creed.
