A medium-term, lower cost scheme to fund working capital and investments for businesses, including primary producers, impacted by Brexit.
Features of the loan:
Loan amounts from €25,000 to a maximum of €1,500,000 per borrower. Loan terms of between 1 year up to 6 years (loan terms are dependent on the purpose of the loan). Loans are unsecured up to €500,000.
Amounts greater than €500,000 may be secured; however, a personal guarantee may only be sought in circumstances where it is required to capture supporting security, or where it is an uncollateralised personal guarantee and is limited to a maximum of 20% of the initial finance agreement amount. Loan interest rates vary, but are discounted from standard rates.
Viable micro-, small and medium-sized enterprises (SMEs) and Small Mid-Cap enterprises that meet the eligibility criteria can apply for this loan.
SMEs can apply if they:
Our Services:
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