Providing funding support to enable your business get Brexit ready.
The SBCI Brexit Loan Scheme is offered in partnership with the Department of Enterprise, Trade and Employment (DETE), the Department of Agriculture Food and the Marine and is supported by the InnovFin SME Guarantee Facility, with the financial backing of the European Union under Horizon 2020 Financial Instruments.
Loan amount of between €25,000 to €1,500,000 per eligible enterprise
Maximum interest rate of 4%
Loan term ranging from 1 year to 3 years
Optional interest-only repayments provided at the start of the loans
Loans can be used to fund innovation, change or adaption of the business to mitigate the impact of Brexit.
Loans less than €500,000 will be unsecured.
Approval of loans is subject to status and conditions.
How do I find out if my business is eligible for the Brexit Loan Scheme?
To find out if you are eligible to apply for the SBCI Brexit Loan Scheme please contact the SBCI to be assessed SBCI Website.
What Brexit Loan Scheme specific information will I need to supply to Ulster Bank?
SBCI Eligibility confirmation letter to be provided to Ulster Bank
Provision of an SBCI Brexit Loan Scheme Business Plan, a template is provided on the SBCI Website.