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Dairy startup bank loan

cowmilk · 2012-04-04 07:38:07

I aim to start into dairy and possibly require a bank loan. What kind of rates are banks offering theses days. I presume security i.e. the farm, will be required.

04-04-2012 7:38am

#1

cowmilk

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I aim to start into dairy and possibly require a bank loan. What kind of rates are banks offering theses days. I presume security i.e. the farm, will be required.

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#2 04-04-2012 8:43am

KCTK

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cowmilk wrote: »

I aim to start into dairy and possibly require a bank loan. What kind of rates are banks offering theses days. I presume security i.e. the farm, will be required.

Think you can get a rate of about 5.25% to 5.5% variable at the moment, not sure what fixed would be but woiuld expect a good bit higher because ECB not going to keep rates at 1% forever... If you are looking for a relatively large loan then they will be looking for some security alright

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