2019 National Basic Payment Support and Greening loan scheme announced

With the ongoing uncertainties around Brexit and the real possibility of a ‘No Deal’ which would effectively cut all ties with the EU and bring real challenges to the rural economy the First Minister will be announcing (26 July) that the Scottish Government will operate a 2019 BPS loan scheme.

The loan scheme aims to help address concerns around the risk of a Brexit No Deal in October and maintain vital cash flow within the rural economy. This year’s loans will be offered at up to 95% of 2019 BPS and Greening expected payments (restricted to the scheme maximum of €150,000).

Loan offers will start to arrive with farmers and crofters from the 1st week in September with loan payments starting from early October for people who accept their loan offer early.

Full details of the scheme can be found in the loan section of the Rural Payments and Services website.

Published on: 27 July, 2019