Business loan without a personal guarantee? Time running out!

Your business may be able to get a loan through the Ukraine Credit Guarantee Scheme (UCGS). It gives you lower rates and without personal guarantees.

The partner credit team's allocation of funds under this scheme are due to run out in 4 - 6 weeks. If your  business needs funds for working capital, expansion etc. the time to act is now!

What is UCGS?

Our partner credit teams have access to Strategic Banking Corporation of Ireland (SBCI) funds under the UCGS. Businesses that have seen costs go up 10% can qualify, for example, inflation on utilities and fuel.

Loan features:

• Rates start at 5.65%.

• Loans from €10,000 to €250,000.

• Terms from 12 months to 36 months.

• No personal guarantee.

• Instant funding on acceptance.

• Unsecured business loans for working capital or investment. 

If a business qualifies under the scheme, it still needs to pass the underwriting process. Expect to need to have accounts in profit, a tax clearance certifiate and no recent missed payments in the bank statements. Call the BusinessLoans.ie team on 01 55 636 55.

BusinessLoans.ie latest deal - Ukraine Credit Guarantee Scheme loan

BusinessLoans.ie is happy to have helped our client with a third finance deal. They’re involved in upgrading lighting on roadways and are working on public contracts. They required funding to help with this, especially ordering from their suppliers. They were approved quickly at a low rate and without directors’ personal guarantees because it was under the Ukraine Credit Guarantee Scheme. Many businesses that have been hit with increased costs due to inflation attributed to war can qualify.

Does your business need a fast finance quote? Call the BusinessLoans.ie team on 01 55 636 55 or email hello@businessloans.ie.