The Strategic Banking Corporation of Ireland (SBCI) is a new SME funding company who partners with banks to provide access to flexible funding for Irish SMEs.
WHAT’S ON OFFER WITH A SBCI LOAN?
- Loans are available at favourable rates (discounted from the banks standard loan rates).
- Terms between 2 and 10 years
- Loans for working and capital investments
- Funding up to €50m
WHO CAN APPLY?
The following Small and Medium enterprises will be considered.
- The business must have less than 250 employees
- Have a turnover of 50 million or less.
- Are independent and autonomous
- Have less than 25% of their capital held by public bodies
- Have a presence in Ireland.
HOW CAN AN SBCI LOAN HELP ME GROW MY BUSINESS?
- By renewing or increasing tangible assets
- Investing in intangible assets
- Refinance loans held with certain banks leaving the Irish market
For more information please visit
http://sbci.gov.ie/
What questions do you have?
We are happy to help. Please post your comment below or call Jack Gahan on 01 677 9000. Alternatively, send us an email: info@cooneycarey.ie
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