Government opens €300 million Brexit Loan Scheme for Irish Businesses for applications

29/03/2018

  • Scheme open to eligible businesses with up to 499 employees
  • Loans of up to €1.5 million at a rate of 4% of less
  • Scheme has the potential to benefit over 5,000 companies impacted by Brexit
  • Scheme administered for Ministers Humphreys’ and Creed’s Departments by SBCI, an agency of Minister Donohoe’s Department
  • Scheme delivered in partnership with the EIB Group and European Commission

Minister for Business, Enterprise and Innovation, Heather Humphreys T.D., Minister for Agriculture, Food and the Marine Michael Creed T.D., and Minister for Finance and Public Expenditure and Reform Paschal Donohoe T.D. today (March 28) opened the Brexit Loan Scheme for applications to allow for the roll out of €300 million in funding to eligible Irish businesses. The Scheme was launched at the Liffey Trust in Dublin’s inner city.

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