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.

FACTSHEET

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