Benefits

Funding when you need it

Make sure your cashflow isn't under any extra pressure while waiting on your TAMS II grant and VAT refunds. Our short term bridging loans of up to €100,000 are there to help.

Interest only repayments

Our bridging loans are interest only and available for up to 12 months. Your loan is repaid when you receive your grant or VAT refunds.

Finance your investment

Our farm development loans are available to fund the net cots of TAMS II investment.  

More on our farm development loans

 

What is TAMS II?

TAMS II is a scheme of investment aid for farmers. It's co-financed by the EU and Irish State, as part of Ireland’s Rural Development Program. The scheme provides €395m in investment aid up to 2020. 

Visit the Department of Agriculture website for more on the TAMS II schemes.

At a glance

TAMS II Bridging Loan

  • Bridging loans up to €100,000
  • Up to 12 month interest only period
  • Flexible repayment options to match your cashflow
  • Loan cleared when you get your grant / VAT refunds

Farm Development Loan

  • Loans to fund the net cost of the investment
  • Terms of up to 15 years for farm building and milking parlours
  • Flexible repayment options to match your cashflow

Who can apply

The loan is available to farmers who have been approved for TAMS II grant support.

How to apply

Download the agri lending application form and return the completed form to your Relationship Manager or your local  branch.

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Related products

Farm development loans

Loans to back you in developing your farming business

Farmer credit line

Prepare for seasonal expenses with financial support when you need it most

Loans up to €60,000

Backing your business with easier faster access to credit

Regulatory notice

Warning: The cost of your repayments may increase

Warning: The entire amount you have borrowed will still be outstanding at the end of the interest only period

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.

Allied Irish Banks, p.l.c. is regulated by the Central Bank of Ireland.