Farm Loans Ireland, Dairy Expansion, Pasture Loan | Ulster Bank

Farm

Grow your business from one generation to the next

Talk to our agri-team today.

Contact us
Agriculture Our Team

Our team has expertise in dairy, beef and poultry farming we're passionate about helping you make farming a success. Our agri. managers take the time to visit with their farming customers on their farms and discuss their financial requirements around their kitchen table.

Dr Ailish Byrne

Dr Ailish Byrne – Head of Agriculture

 

Ailish is actively involved in her family farm in Co. Laois and she holds a PhD in the area of farm financial management with Teagasc and UCD. Ailish heads up our externally accredited agri team who are based throughout the country.  

Dr Anne Marie Butler - Senior Agri Manager

 

Anne Marie lives on a tillage farm in Co.Kilkenny and has been a key agri business development manager since 2008. Anne-Marie has completed a PHD in the design of optimal dairy systems for contrasting Irish production environments.

You can contact our agri team by emailing us to: agri@ulsterbank.com 

Our focus is you

Expanding your farm?

 

Need finance to expand your farm? We may be able to help.

Find out more about our lending options below and apply online.

 

Weatherfund

Hail, rain or shine, we are here to help.

 

Ulster Bank has allocated a €15 million Weather Agri Fund to support farmers as they face continued financial challenges due to adverse weather conditions in 2018.

 

Key Benefit:

This fund has been made available to support farmers have been impacted by adverse weather conditions faced in 2018.

 

Important things to note:

 

•         Lending criteria terms and conditions apply

•         The Loan is for business purposes only, is available to both new and existing Ulster Bank customers and is subject to availability

•         Each case taken on an individual basis, subject to security being taken

•         Applicants must be over 18 years old and resident in Republic of Ireland

•         Applications for this fund can be made until the 31st of December 2018 or until the fund is fully subscribed

•         An Arrangement Fee will not be applied on this loan

 

Farmers who wish to discuss their financial needs and require additional working capital to alleviate cashflow pressure can contact their Relationship Manager, call the Business Banking Team at 1850 211 690 or contact the Agri Team at agri@ulsterbank.com

 

For interest only borrowers:

 

WARNING: THE ENTIRE AMOUNT THAT YOU HAVE BORROWED WILL STILL BE OUTSTANDING AT THE END OF THE INTEREST-ONLY PERIOD.

 

For variable rate borrowers: 

 

WARNING: THE COST OF YOUR REPAYMENTS MAY INCREASE

 

For fixed rate borrowers:

 

WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU REPAY EARLY, IN FULL OR IN PART, A FIXED-RATE CREDIT FACILITY.

Dairy Farm Expansion Loan

Key Benefits

 

• Could be suitable if you see an opportunity to expand or improve productivity on

your dairy farm. 

 

Important things to note

 

• Lending criteria terms and conditions apply.

 

• Loans for business purposes only and subject to availability.

 

• Each case taken on an individual basis, subject to security, applicants must be over 18 years old.

 

A partner in your farming business

 

Ireland has a competitive advantage in milk production within the global market. To ensure your dairy farm or collaborative arrangement is best equipped to manage in a rapidly changing business environment, Ulster Bank has the practical product solutions to help.

We support investment in land purchase, grassland management, herd genetics and farm infrastructural improvements to facilitate profitable expansion and growth on your farm. To ensure your farm is ready to make the most of the post quota era, on-farm investment in grassland management, herd genetics or farm infrastructural improvements may be required.

 

Our Dairy Farm Expansion Loan is available to both new and existing farmers who are planning to start or expand their dairy farm business:

 

• An interest-only option for the first 6 to 24 months (dependent on loan purpose) is available, as we understand that there will be a natural time lag between your on-farm investment and the generation of additional cashflow.*

 

• Total credit facilities per customer up to e2 million.

 

• Repayment schedule to match your milk sales.

 

• Loan term options of up to 20 years.*

 

• Option of a fixed or variable rate of interest.

 

• Security will be required.

 

• Arrangement fees of up to 1% will apply.

 

• Applicants must be over 18 years old.

 

Important Information

 

*Term up to 20 years available for Land purchase; to include a maximum interest-only period of initial 24 months. Term of up to 15 years for Farm buildings; to include a maximum interest-only period of initial 18 months. Term of up to 5 years available for Dairy Herd purchase, Farm Infrastructure/Machinery; to include a maximum interestonly period of initial 6 months. Loans and Overdrafts are for business purposes only and subject to availability. Each case taken on individual basis, subject to security. All Ulster Bank credit facilities are subject to lending criteria, terms and conditions.

 

For interest only borrowers:

 

WARNING: THE ENTIRE AMOUNT THAT YOU HAVE BORROWED WILL STILL BE OUTSTANDING AT THE END OF THE INTEREST-ONLY PERIOD.

 

For variable rate borrowers: 

 

WARNING: THE COST OF YOUR REPAYMENTS MAY INCREASE

 

For fixed rate borrowers:

 

WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU REPAY EARLY, IN FULL OR IN PART, A FIXED-RATE CREDIT FACILITY.

 

Get in touch with your local Agri Manager today

 

·         Email us at agri@ulsterbank.com

 

·         Call into your local business  centre

 

·         #ubagri

 

Beef Stocking Loan

Key Benefits

 

• Could be suitable if you see an opportunity for your beef enterprise.

 

Important things to note

 

• Lending criteria terms and conditions apply.

 

• Loans for business purposes only and subject to availability.

 

• Each case taken on an individual basis, subject to security, applicants must be over 18 years old.

 

A  partner in your farming business

 

Grass based production, full traceability and quality assurance are the key characteristics of beef produced on over 100,000 Irish farms. Whether you produce beef from a specialist suckler herd or from the offspring of the increased dairy herd, our focus is you. In Ulster Bank, we support investment in grassland management, herd genetics and farm infrastructural improvements to facilitate profitable expansion and growth.

 

Our Beef Stocking loan is designed for farmers who want to finance the purchase of cattle for rearing and/or finishing.

 

• A repayment schedule to match your cashflow.

 

• A revolving element that ensures your next stocking loan, if approved, will be available as soon as your existing loan is repaid.

 

• Total lending amounts up to e100,000.

 

• Variable rate of interest.

 

• Security will be required.

 

• Arrangement fees of up to 1% will apply.

 

• Applicants must be over 18 years old.

 

Important Information

 

Loans and Overdrafts are for business purposes only and subject to availability. Each case taken on individual basis, subject to security. All Ulster Bank credit facilities are subject to lending criteria, terms and conditions.

 

For interest only borrowers:

 

WARNING: THE ENTIRE AMOUNT THAT YOU HAVE BORROWED WILL STILL BE OUTSTANDING AT THE END OF THE INTEREST-ONLY PERIOD.

 

For variable rate borrowers: 

 

WARNING: THE COST OF YOUR REPAYMENTS MAY INCREASE

 

For fixed rate borrowers:

 

WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU REPAY EARLY, IN FULL OR IN PART, A FIXED-RATE CREDIT FACILITY.

 

Get in touch with your local Agri Manager today

 

·         Email us at agri@ulsterbank.com

 

·         Call into your local business  centre

 

·         #ubagri

 

Pasture Loan

Key Benefits

 

• Could be suitable to improve the productivity of pasture including drainage and reseeding.

 

Important things to note

 

• Lending criteria terms and conditions apply.

 

• Loans for business purposes only and subject to availability.

 

• Each case taken on an individual basis, subject to security, applicants must be over 18 years old.

 

A  partner in your farming business

 

The profitability of dairy, beef and sheep farm systems is intrinsically linked to grass production and utilisation. Reseeding levels in Ireland are low with less than 2% of the total grassland area reseeded annually*. Grass is one of the core profit-producing assets on your farm. To ensure your farm has a competitive advantage in milk, beef or lamb production, continued investment in improved grassland production and management practices may be required.

* Source: Irish Journal of Agricultural and Food Research “The economics of reseeding on a dairy farm” Vol 150, No. 1; 2011

 

Our pasture loan is available to both new and existing farmers who are planning to implement

improved grassland management practices on their farms to maximise grass production and

utilisation. This includes:

 

• Grazing infrastructure (paddocks, water systems, grassland measurement).

 

• Drainage.

 

• Reseeding underperforming swards.

 

• Soil fertility (Nitrogen, Phosphorous, Potassium and Lime).

 

Loan Features

 

• Total lending amounts of up to a maximium of €60,000 per customer.

 

• Repayment schedule to match your farm cash-flow.

 

• Loan term option of up to 5 years.

 

• Security may be required.

 

• Arrangement fees of up to 1% will apply

 

• Applicants must be over 18 years old.

 

Important Information

 

Loans and Overdrafts are for business purposes only and subject to availability. Each case taken on individual

basis, subject to security. All Ulster Bank credit facilities are subject to lending criteria, terms and conditions.

 

For interest only borrowers:

 

WARNING: THE ENTIRE AMOUNT THAT YOU HAVE BORROWED WILL STILL BE OUTSTANDING AT THE END OF THE INTEREST-ONLY PERIOD.

 

For variable rate borrowers: 

 

WARNING: THE COST OF YOUR REPAYMENTS MAY INCREASE

 

For fixed rate borrowers:

 

WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU REPAY EARLY, IN FULL OR IN PART, A FIXED-RATE CREDIT FACILITY.

 

Get in touch with your local Agri Manager today

 

·         Email us at agri@ulsterbank.com

 

·         Call into your local business  centre

 

·         #ubagri

 

Lombard Asset Finance

Key Benefits

 

• Help to upgrade or purchase the equipment, machinery and vehicles you need to run your farm.

 

• Ensures your assets work harder without putting a drain on your cash-flow.

 

Important things to note

 

• This lending can be drawn down for business purposes only.

 

• Terms and conditions, plus product fees or documentation fees apply.

 

• We may require security.

 

Visit www.lombard.ie for more information.

 

For interest only borrowers:

 

WARNING: THE ENTIRE AMOUNT THAT YOU HAVE BORROWED WILL STILL BE OUTSTANDING AT THE END OF THE INTEREST-ONLY PERIOD.

 

For variable rate borrowers: 

 

WARNING: THE COST OF YOUR REPAYMENTS MAY INCREASE

 

For fixed rate borrowers:

 

WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU REPAY EARLY, IN FULL OR IN PART, A FIXED-RATE CREDIT FACILITY.

 

Deposits and investments

 

Key Benefits

 

• Every customer is different. Some choose instant access for their lump sum, some choose

a fixed term for a longer period of time.

 

• We can help you understand what works best for any cash deposits your farm business

has generated or even how your choice could be useful in providing short-term returns

on your Basic Payment Scheme.

 

Important things to note

 

• A range of deposit options can be explored with both your Agri Manager and your local

Business Manager.

 

• Together they can outline what choices you have for any current or future lump sum – supporting a future cash-flow for you, your family and the farm business.

 

 

Get in touch with your local Agri Manager today

 

·         Email us at agri@ulsterbank.com

 

·         Call into your local business  centre

 

·         #ubagri

Apply for a Business Loan

Starting

 

Under 40 and new to farming or just about to start your farming career? Find our more about our Young Farmer start up package below or apply online for our Business Bank Account.

Young Farmers Start Up Package

Key Benefits

 

• 2 years transaction fee-free banking, loans, deposit accounts and a number of other banking

services are available as part of our Young Farmer Start-Up package

 

Important things to note

 

• Lending criteria terms and conditions apply.

 

• Available to any farmer under 40.

 

• Each application for lending is taken on an individual basis.

 

• Business Current Account must be opened. It should be used as the main account for the period

of the fee reductions.

 

• Charges for additional services apply, please refer to our brochure ‘’A Guide to Business Current

Account Fees’’ for details.

 

• A quarterly maintenance fee applies once the introductory period finishes.

 

• Account turnover must be under e1,000,000 per annum.

 

• Account must be kept in credit or within arranged overdraft.

 

For interest only borrowers:

 

WARNING: THE ENTIRE AMOUNT THAT YOU HAVE BORROWED WILL STILL BE OUTSTANDING AT THE END OF THE INTEREST-ONLY PERIOD.

 

For variable rate borrowers: 

 

WARNING: THE COST OF YOUR REPAYMENTS MAY INCREASE

 

For fixed rate borrowers:

 

WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU REPAY EARLY, IN FULL OR IN PART, A FIXED-RATE CREDIT FACILITY.

 

Get in touch with your local Agri Manager today

 

·         Email us at agri@ulsterbank.com

 

·         Call into your local business  centre

 

·         #ubagri

 

Business Bank Account

Key Benefits

 

• The flexibility to handle all your day-to-day banking requirements.

 

Important things to note

 

• Terms and conditions apply.

 

• Accounts are available for business purposes only.

 

• Fees and charges apply, please refer to our brochure ‘’A Guide to Business Current Account Fees’’

for details.

 

• A quarterly maintenance fee applies, please refer to our brochure ‘’A Guide to Business Current

Account Fees’’ for details

‘Anytime Banking’ Integrated Online, Telephony & Mobile Banking Solution

Key Benefits

 

• Simple, convenient and secure way to access your accounts online, by phone or on the move.

 

• Subscription fee free.

 

• Manage both business and personal accounts together on one platform.

 

• Transfer monies between your accounts, pay bills and make payments both domestic

and international.

 

Important things to note

 

• Terms and conditions apply.

 

• Some Anytime Banking services may not be available on certain types of accounts

or to under 18s.

 

• Smartphone Mobile Apps available for download on compatible Smartphones.

Charges for additional services apply. See brochure ‘Schedule of Services – Payment and

International Banking Charges’ for more information.

 

Apply for a Business Bank Account
Set Tab for lightbox