Business & Agri Loans

We aim to have an answer for you within 48 hours of receiving all of your information, excluding weekends and bank holidays. If the borrowing is over €120,000 or requires security, it may take a little longer.

We need to know that your business will be able to pay back the loan. So, give us as much clear information as you can to help our assessment. Check out our Top Tips for Approval .

Our loan variable rate is 6.51% for amounts up to €120,000. For loans between €120,000 and €500,000 the secured loan variable rate is 5.06%. For loans between €500,000 and €1,000,000, the secured loan variable rate is 4.71%.

Up-to-date management accounts or other financial information can help to support your application. Financial accounts are not always required, particularly for smaller amounts. You will then be asked to confirm that your tax affairs are up to date.

Yes, finance is available to meet your business requirements.

Call our dedicated Business Loans team on 0818 210 614 to find out more.

Yes, you can decide which method is best suited to your needs.

To find out more, contact your local Relationship Manager or Business Adviser.

If the borrowing is less than €120,000, you do not usually need to provide security. If you are a limited company, you may need to provide a ‘Personal Letter of Guarantee’ from the directors.

Yes, you can choose to make extra payments or clear your loan early without penalty.

In certain limited circumstances, you may be able to draw your loan down to an account in another name. Please contact our lending team on 0818 210 614 to discuss this further.

In certain limited circumstances, you may be able to draw your loan down in stages. Please contact our lending team on 0818 210 614 to discuss this further.

Bank of Ireland does not offer the facility to change your standing order date after you have drawn down your loan.

If you miss a loan payment, or if you are going to miss a loan payment, please contact us as soon as possible so we can work together to resolve the situation. This will be handled in accordance with the regulations on lending to small and medium enterprises.

We don’t currently offer the option to top up your business loan. If you already have a business loan from us and want to make a new loan application, please apply and we will assess your request.