The Irish Banking Culture Board are hosting a Government Credit Guarantee webinar on Wednesday morning from 9.30 – 10.15 am, AIB, BOI & Ulster Bank will be represented along with a member from the SBCI.

The Scheme is targeted towards companies who are unable to access credit because of three distinct barriers to lending;

  • Inadequate collateral
  • Novel business market, sector or technology which is perceived by lenders as higher risk under current credit risk evaluation practices
  • Need for refinancing caused by the exit of an SMEs lender from the Irish market 

Key features of the scheme

  • Facilities of €10,000 up to €1m
  • Terms of up to 7 years
  • Term Loans, Demand Loans and Performance Bonds
  • You may be able to avail of between a three to six-month interest-only payment period (depending on the total loan duration)

Register here: