€300M Brexit Loan Scheme

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Who can apply?

To be eligible, a business must meet the following criteria:

  1. Must be a viable business of fewer than 500 employees*
  2. Must be Brexit impacted**
  3. Must meet the Scheme criteria***

Loan features

  • €25,000  to  €1,500,000     per     eligible enterprise

  • Maximum interest rate of 4%

  • Term ranging from 1 year to 3 years

  • Unsecured loans up to €500,000

  • Optional interest only repayments provided at the start of the loans

  • Approval of all loans would be contingent on meeting the credit assessment criteria of the finance provider

Loans can be used for

  • Future working capital requirements.
  • To fund innovation, change or adaptation of the business to mitigate the impact of Brexit.

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