Cultivate Loan
Cultivate Loan
Short to medium term loans designed to meet the needs of the farming community.- 6.55% (6.75% 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. Whatever your needs are, our Cultivate Loan is here to help you.
Loan Calculator
Try out our quick and easy loan calculator below
Maximum Loan Term :
6.75%
6.75%
6.75%
This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.
Loan Amount
€20,000
Rate of interest - APR
6.75%
Loan Term
3 years
Cost of Loan
€2,068.12
Monthly Repayment
€613.01
Total Loan Repayable
€22,068.12
Ready to apply?
Great! Applying for a loan couldn’t be easier with our online application process. Alternatively, contact us directly to talk about your application with a member of our friendly team. Even if you are not already a member, we will be happy to discuss your needs with you and look at ways to help. We look forward to hearing from you!
Contact UsWhy choose a loan from Killarney Credit Union?
We specialise in providing a safe place for savings and loans in our community. If you haven't already, why not join our 37,000 strong members and enjoy many benefits including great rates, flexible loans and of course, local friendly service.
- Quick decision on loan applications
- Repayment terms tailored to meet your needs.
- Friendly Local Service.
- No penalties for repaying your loan early.
- No hidden fees, transaction charges, or set up fees.
- As your loan decreases so does your interest repayments.
- Benefit from Free Loan Protection Insurance. (T’s & C’s apply.)
- You can apply for and draw down your loan online and in branch.
- No documentation or arrangement fees.
Everything you need to know
Further Information
| Amount | APR* | Term | Number of Repayments | Weekly Repayments | Cost of Loan | Total Loan Repayable |
| €5,000 | 6.75% | 2 Years | 24 | €222.78 | €346.52 | €5,346.52 |
| €7,000 | 6.75% | 3 Years | 36 | €214.59 | €724.96 | €7,724.96 |
| €10,000 | 6.75% | 5 Years | 60 | €195.71 | €1,741.87 | €11,741.87 |
| €15,000 | 6.75% | 5 Years | 60 | €293.56 | €2,612.86 | €17,216.86 |
| €20,000 | 6.75% | 5 Years | 60 | €391.42 | €3,483.74 | €23,483.74 |
| €25,000 | 6.75% | 7 Years | 84 | €371.33 | €6,189.35 | €31,189.35 |
| €30,000 | 6.75% | 7 Years | 84 | €445.60 | €7,427.14 | €37,427.14 |
| €40,000 | 6.75% | 7 Years | 84 | €594.13 | €9,902.92 | €49,902.92 |
| €50,000 | 6.75% | 7 Years | 84 | €742.66 | €12,378.71 | €62,378.71 |
Typical APR Variable Cultivate Loan Rate (6.75% 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.
- 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.
- Quotation may be required for work/items to be purchased.
- Farm accounts will need to be provided.
For more information on our Cultivate Loan, please download either our Cultivate Information Leaflet or the full Cultivate Brochure
Download our Loan Services Guide - your one-stop guide with information about the loans we offer including repayments, options and what you need to apply.
Become a member today!
Our Loans are open to all members of Killarney Credit Union. If you're not a member of the Credit Union yet, don't worry, our application process is simple and, once approved you can take advantage of the many benefits and services we provide.
