The Scottish Government-backed loan scheme aimed at easing cash flow issues in Scottish agriculture opened this week.
Farmers and crofters who’ve not yet received a first instalment and cannot access support from their bank will be able to apply to the Scottish Government for an interest-free cash advance worth of 60 per cent of their CAP claim, up to a maximum of £20,000. A formal letter from the bank declining support will be required to support applications.
Application forms will be available from the Rural Payments and Services website or by calling the RPID customer helpline on 0300 300 2222. The helpline will be open this weekend between 8.30am and 4.30pm on Saturday and Sunday.