Welsh farming businesses will be able to access affordable, long-term finance to invest in sustainability and productivity through a new £5 million pilot scheme launching on 1 July 2026.
The Sustainable Agriculture Loan Scheme (SALS) will offer fixed-rate loans at 3% interest, repayable over up to 15 years. Eligible farm businesses in Wales can borrow between £25,001 and £1 million to fund improvements in energy efficiency, renewable energy generation, waste management, land and buildings, and new equipment.
The one-year pilot scheme delivered by the Development Bank of Wales will test market demand and is designed around the practical realities facing Welsh farms, including rising input and energy costs and the need to invest in long-term resilience.
To be eligible, businesses must undertake agricultural or ancillary activities on agricultural land in Wales and either farm at least three hectares of eligible land or demonstrate more than 550 standard labour hours annually. Seasonal repayment options are also being considered to reflect agricultural cashflow patterns.
SALS supports the Welsh Government's commitments to sustainable land management, decarbonisation and stronger rural communities.
For further information please select the following links:
- Welsh farms to access low-interest loans for sustainable investment | GOV.WALES
- Sustainable Agriculture Loan Scheme - Dev Bank
The Green Growth Pledge helps Welsh businesses take pro-active steps towards improving their sustainability, demonstrating their positive impact on the people and places around them, as well as joining a growing community of forward-thinking organisations who are helping Wales transition to a low carbon future. Get involved: Green Growth Pledge | Business Wales.