Loan scheme launched for Scotland's farmers and crofters

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The Scottish government says it wants to help businesses recover from the impact of Brexit and the Covid pandemic.

The Scottish government has launched a loan scheme aimed at helping crofters and farmers recover from the impact of Brexit and the Covid pandemic.to agricultural businesses, which could see each given up to £133,638.

The Scottish government said it was essential that they "have the cash flow they need to continue operating".The 2021 National Basic Payment Support Scheme will give farmers and crofters access to financial support up to three months earlier than the EU's common agricultural policy payment period., which has been compounded by the pandemic.

For the first time, businesses in the sector will be able to accept their loans online, which the Scottish government said would enable it to process loan payments "even faster than before".The number of eligible businesses has yet to be confirmed, but the Scottish government expects offers to be made to more than 17,000.

 

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Biz_Credit_Co Loans can be a bridge but in the majority of cases they're trap…no one knows if anything will improve…

get em in debt and then bankrupt them off the land....the plan

their government is doing something about the lack of subs due to Brexit

I wonder if it will be like the covid loans that were meant to go to the taxi industry in Scotland , that went well didn’t it NicolaSturgeon ,some are still waiting while the money was used on snp offices !

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