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

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

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

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

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

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

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.