The impact of COVID-19 is being felt across all business sectors.
These impacts are leading to a number of financial needs for our business and agri customers, including the provision of emergency working capital, prioritising business loan decisions for impacted customers, payment flexibility on business loan facilities, and the provision of trade finance and foreign currency products to support sourcing products from new suppliers internationally.
If you are coming to the end of your First or Second COVID-19 Payment Break on your business loan or you are coming to the end of the alternative arrangement put in place after your Second Payment Break expired, and do not have an assigned Business Relationship Manager, please click here. You can also contact us on 1890 882 961 or 353 (0) 1 4883035 (lines open 9am to 5pm Monday to Friday excluding Bank Holidays).
Please Note: The closing date for applying for a First Covid-19 Payment Break was 30th September 2020. The closing date for applying for a Second Covid-19 Payment Break was 31st January 2021. If your First or Second Covid-19 Payment Break ended after the closing dates due to your repayments being made less frequently than monthly e.g. quarterly or annually, you can contact us on the details mentioned on this page to discuss the options that may be available to you.
If you have been assigned a Business Relationship Manager you should contact them directly to discuss your options.
If you are a Business Relationship Managed or Non Business Relationship Managed customer and would like to see illustrative examples that show what taking a Payment Break(s) could mean for the total cost of credit on your business loan, you can visit our Payment Break calculator by clicking here.
Bank of Ireland sectoral experts are also available to support customers in areas including agriculture, manufacturing, hospitality, health, food and beverage, motor, technology and retail convenience. For more information click here.
It is important that businesses are proactive in assessing their capability to withstand disruption, from both an operational and a financial standpoint, and that they act decisively to mitigate actual or potential issues caused by the spread of COVID-19. Please refer to ‘Guidance in relation to Covid-19 for Business Customers’ for more information.