The Future Growth Loan Scheme is offered by the Strategic Banking Corporation of Ireland (SBCI) with the support of the Department of Business Enterprise and Innovation, the Department of Agriculture Food and the Marine, the European Investment Bank and the European Investment Fund.
SMEs and 'small mid-caps' are eligible to apply for the loan scheme, which includes the following features:
- Loan amounts from €100,000 to a maximum of €3,000,000 per applicant
- Initial maximum loan interest rate of 4.5% for loans < €250,000 and 3.5% for loans >= €250,000. Variable interest rates are subject to change
- Loan terms ranging from 8 to 10 years
For further information & to apply for the loan, click here.
