European Funding could provide boost

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Livestock producers thinking of investing in their businesses could access discounted borrowing rates from the Agricultural Mortgage Corporation (AMC plc).

AMC has negotiated access to a multi million European Investment Bank (EIB) fund aimed at stimulating investment and job creation in small and medium sized businesses, including those in farming.

This means that loans for eligible projects can be discounted by 0.8% below normal rates for 10 years.

 

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