The COVID-19 Loan Scheme (CLS)

The COVID-19 Loan Scheme is designed to address the economic impact of the COVID-19 pandemic. Viable micro, small and medium-sized enterprises (SMEs) and Small Mid-Cap enterprises that meet the eligibility criteria are able to apply for this loan.

Loans can be used for:

  • working capital and investment loans to support SMEs, including farmers and fishers, negatively impacted by COVID-19; or
  • the refinancing of an existing loan that was provided to support businesses impacted by COVID-19, up to 30% of the new loan amount.

Who can apply:

  • Viable micro, small and medium-sized enterprises (SMEs) and Small Mid-Cap enterprises that meet the eligibility criteria.
  • The business turnover or profit must be negatively impacted by the COVID-19 pandemic by at least 15%

Features of the loan: 

  • Loan amounts from €25,000 to a maximum of €1,500,000 per borrower.
  • Loan terms of between 1 year and 6 years.
  • Loans are unsecured up to €500,000.
  • Amounts greater than €500,000 may be secured. (Condition apply)
  • Optional interest-only repayments or interest and / or capital moratoria (up to 90 days) are possible under the Scheme. These remain at the discretion of the participating on-lender. Otherwise, loans must have an amortising repayment schedule and not a bullet repayment profile.

The COVID-19 Loan Scheme operates until 31 December 2022 or until the Scheme has been fully subscribed.

Our Services:

We are delighted to announce that we have recently been approved as a digital marketing agency by Enterprise Ireland. Here at Lambourn Digital we aim to help Irish SME’s develop their Digital Marketing Strategy by increasing their digital presence. We have a team of experts whose specialties cover all aspects of digital marketing from SEO, PPC, website development etc. and are devoted to helping your business succeed. For more information see- Link to https://www.lambourndigital.com/about-lambourn-digital or About us page on this website.

Apply Now
Facebook-f Linkedin

© Copyright 2022 Lambourn Digital - All Rights Reserved