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Bank of Ireland Launches SBCI Future Growth Loan Scheme Fund

Written by Robert McHugh, on 20th Jun 2019. Posted in Agriculture

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Bank of Ireland today confirmed its participation in the Government of Ireland’s ‘Future Growth Loan Scheme,’ designed to support the development of SME’s and Agri businesses. Bank of Ireland is now accepting applications for the scheme, which is open to businesses meeting SBCI eligibility.

The SBCI scheme funds capital expenditure and promotes business investment through low cost loans, with terms ranging from eight to ten years, and all loans secured with an 80% guarantee from the SBCI. 

As a participant institution, Bank of Ireland is offering low cost longer-term loan facilities through the SBCI, to aid businesses in their development through structural and market change.

Source: www.businessworld.ie

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