Loans

  • Fast approval
  • Local service
  • Great rates

 

Cultivate Loan

  • 6.5% (6.7% APR*)
  • Borrow up to €50,000
  • Whatever your needs

Farm Loans for You

Cultivate is a collaboration of Credit Unions throughout Ireland to provide quick and easy access to farm finance. It provides short to medium term loans designed to meet the needs of the farming community.

  • 6.5 (6.7% APR*)
  • Borrow up to €50,000
  • Maximum term of 7 years
  • Injection of cashflow
  • Increase working capital

Whatever your needs

Whatever your needs are, our Cultivate Loan is here to help you.

  • Invest in new or second-hand machinery
  • Upgrade your buildings and facilities
  • Purchase additional livestock
  • Increase working capital
  • Injection of cashflow
  • Maximum Term is 7 years.
  • Maximum amount €50,000.
  • Quotation may be required for work/items to be purchased.
  • Farm accounts will need to be provided.
  • Repayments can be scheduled to suit farm income.
  • Loan rate of 6.5%. (6.7% APR)

Further Information:

Loan Repayment Table

Amount

APR*

Term

Number of
Repayments

Monthly
Repayments

Cost of Loan

Total Loan
Repayable

€5,000 6.7% 2 Years 24 €222.78 €346.52 €5,346.52
€7,000 6.7% 3 Years 36 €214.59 €724.96 €7,724.96
€10,000 6.7% 5 Years 60 €195.71 €1,741.87 €11,741.87
€15,000 6.7% 5 Years 60 €293.56 €2,612.86 €17,216.86
€20,000 6.7% 5 Years 60 €391.42 €3,483.74 €23,483.74
€25,000 6.7% 7 Years 84 €371.33 €6,189.35 €31,189.35
€30,000 6.7% 7 Years 84 €445.60 €7,427.14 €37,427.14
€40,000 6.7% 7 Years 84 €594.13 €9,902.92 €49,902.92
€50,000 6.7% 7 Years 84 €742.66 €12,378.71 €62,378.71

 

Representative example as at March 2021. Typical APR Variable Cultivate Loan Rate (6.7% APR). Lending terms and conditions apply. Loans are subject to approval. Table is for illustration only and does not constitute a contract.

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may effect your credit rating which may limit your ability to access credit in the future.

Cultivate Loan Terms & Conditions

  • Maximum loan amount is €50,000.
  • Loans are subject to approval. Terms and conditions apply. 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. Credit unions in the Republic of Ireland are regulated by the Central Bank of Ireland.

 

Download Cultivate Loan PDF Information Leaflets

Click the icons below to download PDFs with further information.

Click to download an information leaflet Information Leaflet

Click to download an information leaflet Full Brochure

Download a PDF Information Leaflet

Click the icon below to download a PDF with further information.

Click to download an information leaflet

How much will your loan cost?

At Killarney Credit Union we are proud to offer some of the best rates available for a wide range of loans. Here you can use the handy loan calculator to quickly get an idea of the cost of a loan.

Simply enter the amount you wish to borrow (for example '€5,000') then choose the type of loan you want and select how long you wish to take the loan for.

Information is correct as at March 2021.

Please Complete:

Calculated Loan Details:

* Calculator for estimation purpose only and does not constitute a contract. Please see individual loan pages for more details.

 

 

Loans

From Killarney Credit Union

 

Fast approaval

Great rates

Local service

Flexible repayments