SME Business Loans & Agri Loans – from 6.50% (Typical APR 6.70%)
The success of your business or farm is as important to us as it is to you. Local business and farms provides local 
incomes which are good for everyone in the community.
We now offer unsecured loans up to €80,000.
- To avail of a Business or Agri Loan, the purpose of the loan must be non-personal, and must be for a business, trade, profession or farming purpose. Loans are not available for buy to let property purchase.
- Click on the headings below for more information.
- Business plans are required for loan requests greater than €25,000.
To apply for a Business or Agri Loan, you must call in to one of our offices. It is not possible to apply using our online system.
SME BUSINESS LOAN
Business Unsecured Loan: 6.50% Variable Interest Rate (6.70% APR)
Maximum loan amount is €80,000 depending on the loan purpose. Loan terms based on the main loan purposes are:
| Vehicle Purpose: | 5 Years, or asset remaining life, whichever is the lesser. |
| Machinery: | 7 Years, or asset remaining life, whichever is the lesser. |
| Annual Expense or Overhead: | 12 Months. |
| Working Capital: | 3 Years. |
| Premises Expenditure: | 10 Years, or less dependent on scope of work. |
| Property Purchase: | 10 Years maximum. |
| Production Investment: | 3 Years. |
| Re-Finance of Existing Debt**: | Lesser of 5 years or term of the debt being refinanced. |
| Other: | 5 Years, or less depending on the loan purpose. |
**Debt refinance facilities are available for performing loans with another institution, rather than non-performing loans.
AGRI LOANS
Agri Unsecured Loan: 6.50% Variable Interest Rate (6.70% APR).
Maximum loan amount is €80,000 depending on the loan purpose. Loan terms based on the main loan purposes are:
| Vehicle Purpose: | 5 Years, or asset remaining life, whichever is the lesser. |
| Machinery: | 7 Years, or asset remaining life, whichever is the lesser. |
| Annual Expense or Overhead: | 12 Months. |
| Working Capital: | 3 Years. |
| Premises Expenditure: | 10 Years, or less dependent on scope of work. |
| Property Purchase: | 10 Years maximum. |
| Production Investment: | 3 Years. |
| Re-Finance of Existing Debt**: | Lesser of 5 years or term of the debt being refinanced. |
| Other: | 5 Years, or less depending on the loan purpose. |
**Debt refinance facilities are available for performing loans with another institution, rather than non-performing loans.
Ukraine Credit Guarantee Scheme (UCGS)
We are an approved lender for the Ukraine Credit Guarantee Scheme (UCGS). The UCGS is offered by the Department of Enterprise, Trade and Employment (DETE) to provide viable SMEs including primary producers, impacted by economic challenges arising from the conflict in Ukraine with access to low-cost finance.For more info, click the button below.
Further Information for SME Business Lending
⇒ Standard Information Booklet for Small and Medium Business (SME) Lending
Warning: Loans are subject to approval. Terms & Conditions apply. If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future.
Warning: The cost of your repayments may increase.