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Government opens €300 million Brexit loan scheme

  • Ireland
  • General

27-04-2018

On 28 March 2018, the government opened the Brexit Loan Scheme for applications to allow for the roll out of €300 million in funding to eligible Irish businesses.  Eligible businesses can now apply for the scheme through the participating finance providers: Bank of Ireland and Ulster Bank (with AIB following from June).  At least 40% of the €300 million will be available to food businesses.

The scheme will be open to businesses with up to 499 employees, at an interest rate of 4% or less, and has the potential to benefit over 5,000 companies. 

Sean Ryan, Partner

This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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