Farmer Credit Line

  • Option 1
    Call 1890 47 47 47
    Available Mon-Fri 8am-9pm, Sat 9am-6pm

If you are looking for a flexible way to manage your farm’s seasonal working capital throughout the year, you should consider the AIB Farmer Credit Line. 

Pre-Arranged Line of Credit.

Pre-Arranged Line of Credit

The Farmer Credit Line is a pre-arranged line of credit that works alongside your current account and overdraft to give your business seasonal financial support.

Competitive Interest Rate.

Competitive Interest Rate

Attracting a competitive variable interest rate, the Farmer Credit Line may be cheaper than standard overdraft rates. Interest is calculated on the outstanding balance and is charged quarterly.

Efficient Cashflow Management

Efficient Cashflow Management

For planned seasonal expenses, you can drawdown funds from your Credit Line. This means your current account and working capital is not depleted by seasonal expenses and you have the flexibility to repay your Farmer Credit Line when you have funds available.

Flexible and Easy to Use.

Flexible and Easy to Use

Working alongside your current account, it’s flexible and easy to use. You can transfer funds to your current account as you need them to pay for seasonal purchases. You can transfer funds online, in branch or by telephone, and there are no transaction costs for transfers from the Farmer Credit Line to your working current account.

Suitable for All Farm Types.

Suitable for All Farm Types

The Farmer Credit Line is suitable for all types of farms, and you can tailor it to your Working Capital needs.

Annual Facility.

Annual Facility

The Farmer Credit Line is an annual facility and must maintain a nil or credit balance for at least 30 days a year. We will review your Farmer Credit line annually to ensure it continues to meet your working capital requirements.

Planning your Seasonal Working Capital Finance.

Planning your Seasonal Working Capital Finance

Your cashflow is key to managing your farm finance, and completing a cashflow plan allows you to identify when you will need seasonal support. Our guide and template can help you plan your working capital requirements.

Important / Regulatory Notice.

Warning: The cost of your repayments may increase

Lending criteria, terms and conditions apply. Credit facilities are subject to repayment capacity and financial status and are not available to persons under 18 years of age. Security may be required.