21 June 2022
PFCU launches "Cultivate" Agri Lending
People First Credit Union has today announced that it is joining Cultivate, the collaborative credit union finance lending platform for farmers. This expansion comes less than a month after the Irish League of Credit Unions announced their support of Cultivate as the credit unions’ national farm finance brand.
Speaking on behalf of Cultivate, Joe Healy, Chairperson of Cultivate, said:
“We are delighted to welcome People First Credit Union to the Cultivate network. This announcement highlights the growing demand that farmers have to access farmer friendly finance. Cultivate offers a specialised finance option to farmers as we look to work with our farming members to develop their business. We offer flexible unsecured loans up to €75,000.
We look forward to working with People First Credit Union and all other local stakeholders as together we improve and expand the Cultivate loan offering for local farmers.”
Local decision Making
With a growing national footprint, Irish farmers are increasingly able to take advantage of the local decision making and personal service offered by Cultivate Credit Unions. Participating credit unions work closely with farmer members to meet their changing needs. Cultivate offers Irish farmers the opportunity to talk with people who understand farming and to agree a financial package that this tailored to best suit the needs of the farmer and their farming enterprise.
Seán Dunne, CEO of People First Credit Union, commented on joining the Cultivate brand:
“We are thrilled to be joining the Cultivate family. We have seen a growing demand from our farming members for farmer friendly finance. The credit union is about helping our members and offering Cultivate loans will have a very positive impact on our farming members.”
To find out more about how to access a Cultivate loan, they can go to https://peoplefirstcu.ie/loans/cultivate-farming-loan or Ph: 057 8622594