Stocking Loans
Stocking Loans
Our Stocking loans are designed for farmers who want to finance the purchase of cattle for rearing and/or finishing. They also support investment or expansion of the existing enterprise. 😊
Contact our onsite Agri Lending Manager Ciarain Doherty at ciarain@claremorriscu.ie or 086-8533500 and he will be happy to assist.
- We offer stocking loans to a maximum of €75,000.
- A repayment schedule to match your cashflow.
- Variable rate of interest.
- Security may be required.
- Free Loan Protection Insurance (T+C’s Apply).
Warning: The cost of your repayments may increase & If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.
Example *A typical stocking loan of €30,000 over a 1year term with a variable interest rate of 6.55% (APR 6.75%), would mean that you would make 1 annual repayment of €31,965.64. The cost of credit is €1,965.64 and the total amount repayable of €31,965.64.
[Warning – the above is provided for illustrative purposes only. This is a variable rate product and the interest rate can rise, which could increase the cost of your monthly repayments.]