July 26, 2019

Loans offered to farmers early

A National Basic Payment Support Scheme providing vital financial support to Scottish farmers in advance of Brexit has been launched.

Under the new scheme, loans will be offered to eligible farmers for up to 95% of their Basic Payment Scheme 2019 payments – an increase of 5% on previous years.

Loan payments are expected to be made to eligible farmers from early October. A similar scheme in 2018 delivered payments worth more than a quarter of a billion Pounds to over 13,500 farmers following months of adverse weather.

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