State-backed low interest rate loans

The Department of Enterprise, Trade and Employment and the Department of Agriculture Food and the Marine have recently launched a new loan scheme, the “Brexit Impact Loan Scheme” targeted to SMEs (including farmers and fishers) and small mid-caps that have been impacted by Brexit.

 

Brexit Impact Loan Scheme

The Brexit Impact Loan Scheme (BILS) is available to eligible businesses impacted by Brexit.

  • Loans from €25,000 to €1.5m
  • Loan terms of one to six years
  • Reduced interest rates
  • Loans up to €500,000 unsecured
  • Loans can be used for 100% refinancing of existing Brexit Loan Scheme loans or refinancing of existing short-term credit, up to a maximum of 30% of the new loan.

For eligibility criteria and the application process, view the full brochure here or visit sbci.gov.ie

 

Facebook Twitter LinkedIn Del.icio.us Digg Yammer
In this issue
SFA Fortnightly Update
SFA in the media
State-backed low interest rate loans
Government publishes Sick Pay Bill
Government approves the drafting of a law that will protect employees' tips
A (small) Step in the Right Direction | Better Business
Unfair Dismissal on disability grounds
Europol | Online Shopping Fraud
Successful Credit Applications can depend on a Good Credit History
SFA AGM 2021
Economic Outlook with AIB
Blueprint for a Greener Business
SFA Skillnet Ireland Masterclasses