With the wet weather set to continue this National Cultivate Week, the CEO of Cavan Credit Union wants local farmers to be aware that financial help is at hand. Thérése Conway explained how the Credit Union cultivate loan is available nationwide to farmers struggling at this, and other times of the year.
The popular loan was designed by the Credit Union together with the IFA and Teagasc to be farmer-friendly. Some of the benefits include being an unsecured loan, credit union staff trained in all matters farming, no early exit fees and insurance paid on the loan without any charges. Staff at your local branch can also deal directly with a farmer's accountant or advisor, and applicants will usually have an answer from their credit union within 24 to 48 hours.
Thérése says Cavan Credit Union, is like every one of its branches, in that it offers a "local, personal touch". She explains why farmers are "voting with their feet and coming into their credit unions". "
