Barclays Loan Fund

Barclays has launched a loan fund worth £100m for farmers to help boost the industry’s profitability and efficiency.  The loans are available to help modernise their infrastructure, to invest in viable diversification projects, either within agriculture or for non-agricultural projects and to improve processes which will increase efficiency.  Loans will be fixed fees; 0.6% for 0-5 years, 0.75% for loans that are 6-10 years and 0.9% for loan terms of 11-15 years.