Clancy Business Finance

Great news for SMEs …long term low cost SBCI scheme for investment and growth. Find out more

Business Finance & Property Finance Specialists

SBCI Loans – low cost funding to help your business

Many Irish business owners are enjoying the benefits of flexible, low-cost SBCI loans to support their business growth plans.

What is a SBCI Loan?

These SBCI loans are available on an unsecured basis (up to €500K) or with a reduced security requirement compared to traditional loans.

The loans, backed by the Irish Government, and delivered through the Banks, are funded by the Strategic Banking Corporation of Ireland (SBCI) and are available for Irish SMEs and primary producers (agriculture/fishing).

These loans are designed to meet the funding needs of SMEs, providing access to competitive medium-term finance and enabling companies to fund working capital, expansion and investment.

Which SCBI loans suits my business?

There are a variety of SBCI loans and funding schemes that are available to Irish businesses. New SBCI loan schemes are launched on a regular basis, designed to address economic factors that may impact Irish SMEs.

Among the SBCI loans that can be currently accessed by businesses include:

 

The Ukrainian Guarantee Credit Scheme

This low-cost SBCI loan with favourable terms and pre-eligibility will provide access to valuable liquidity for SME businesses farmers and fishers.

The scheme will allow businesses which have experienced an increase in costs of over 10% on 2020 due to the impact of the Ukrainian conflict to access to these funds.

  • Loans from €10,000 to up €1 million
  • Loans up to €250K unsecured
  • Term up to 6 years
  • Competitive Interest rates
  • Suitable for Investment and working capital

The scheme is available until 31 December 2024 or until it is fully subscribed.

 

SBCI Energy Efficiency Loan Scheme (EELS)

This is a 10-year loan guarantee scheme focused on improving businesses’ sustainability and increasing investments in energy efficiency measures, including heat pumps, solar panels, LED lightning and other energy-saving technology.

  • Loans from €10,000 to up €150K
  • Loans unsecured
  • Term up to 10 years
  • Competitive Interest rates
  • Suitable for Investment in energy efficiency technology

The scheme is available until 31 December 2023 or until it is fully subscribed.

 

SBCI Future Growth Loan

This loan is designed to fund business growth and expansion and can be used for a wide range of purposes including investment in:

  • Plant & people,
  • Property & upgrades
  • IT & technology
  • Systems & processes
  • R&D, innovation

Currently fully subscribed and expected to relaunch in near future.

Talk to the Experts

If you’re interested in applying for an SBCI loan, we can help you. We have a successful track record in arranging SBCI funding for SMEs for a wide variety of purposes such as property purchase, working capital, R&D and capex purchases, to mention a few.

We have in-depth knowledge of SBCI loans and the lending application process, and we know exactly what lenders are looking for, so we can structure the funding applications to ensure a successful outcome. With our key Bank contacts, we can expedite your funding application and help you secure fast loan approval, so you can get on with driving your business forward.

For more information or if you would like a confidential chat, please call us on 01 438 6462 or email [email protected] or request a callback.

We Can Help

Our success stories

€500k unsecured SBCI Future Growth Loan for Cork based specialist steel supplier

Working with Clancy was great - the application process was hassle free - this loan will really bring our business to a whole new level

This expanding business wanted to fund the fit out of a commercial unit as a showroom for customers, and upgrade their workshop with specialist machinery. We arranged SBCI Future Growth Loan for 10 year term, enabling this business to secure the investment funding needed to drive their business plans forward.

€450K unsecured SBCI Future Growth Loan for south east based HVAC company

Clancy got us an amazing deal - and made the process so quick and easy

This successful business had an option to buy the unit it operated from. We quickly packaged and arranged an SBCI FGLS loan over 10 year term, enabling the SME to purchase the property and focus on their expansion plans.

€1M unsecured SBCI Covid 19 CGS loan Dublin based Construction Co.

We were in a very tight spot - Clancy pulled out all the stops and got us the SBCI loan really quickly, which really helped us

This established business was badly affected by Covid 19 lockdowns. They needed working capital and we arranged a SBCI Covid19 loan for €1M over 6 year term, which gave the business some much needed working capital.

€500k unsecured SBCI Brexit Impact Loan Scheme for Dublin based Technology Company

If we hadn’t Clancy on our team, we wouldn’t have been able to get the funding we needed on time for this project

This business specialised in supplying broadband services to commercial customers. They win a contract to supply UK retail chain and needed to quickly pay suppliers. We arranged the SBCI Brexit Loan quickly, which enabled the business to secure raw materials and deliver the project on time.