Article
New schemes to help SMEs during COVID-19
Find out here what you may be able to get
1. If you want to borrow between €5,000 and €50,000 to tide your business over.
2. If you need to borrow 25k or more
- First you must apply for a letter of approval from SCBI to confirm you are eligible for their scheme. To check out if you are eligible and to apply for the approval, go here
- Once you have this letter you present this along with your detailed loan application to either AIB, Bank of Ireland or Ulster Bank
- A detailed business plan
- Management Accounts
- Accounts certified/ audited by your accountant
- Cashflow Forecast - download a free template here
- Aged Debtors Listing
- Aged Creditors Listing
- Tax Clearance Certificate
3. If you want to get online
4. If you need professional help with planning during this crisis
Date published 9 Apr 2020 | Last updated 14 Apr 2020
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