Update on the Agriculture Cashflow Support Loan Scheme
The SBCI have reported that, to the end of June 2017, there have been 3,672 loan drawdowns amounting to a total of €117,308,197. This is an average loan amount of €31,947. Some 59% of the loans are for terms of 4 years or more. The participating banks have advised that all of the remaining €150m is committed and is in the process of being drawn down.
