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 is celebrating another quick turnaround loan quote; approval in less than 24 hours. Yesterday a car dealer called because their bank seemed to be giving them the run-around on their annual car stocking loan arrangement. The lack of correspondance and hearing of new additional credit checks had given him the nudge to try elsewhere.

BusinessLoans.ie found that, while they had a dip in turnover, it was because of the Pandemic and they recovered well in 2023, with their best sales yet. Our lending partner approved them for the same amount as the bank by the next morning and the client was happy with a stocking loan facility with flexible repayments that worked with their cash flow cycle.

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