Ireland
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The €500 million Growth and Sustainability Loan Scheme will provide eligible SMEs, including farmers, fishers, and Small Mid-Caps with competitively priced loans of between €25,000 and €3 million for terms of up to ten years, with loans of up to €500,000 available unsecured, when investing in the growth and resilience of their business, and/or contribute to climate action and environmental sustainability.
The loan scheme will target a minimum of 30% of the lending volume for environmental sustainability purposes with the aim of encouraging SMEs to take positive actions in support of the climate change agenda. Up to 70% of lending will be for strategic investments with a view to increasing productivity and competitiveness and thus underpinning future business sustainability and growth.
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