Green Business Loan

Green business loans at a glance

Making your business more energy-efficient can be an effective way of reducing operating costs while being kinder to the planet.

Our Green Business Loan offers discounted finance to businesses who want to implement energy-saving initiatives in order to reduce their carbon footprint and their costs, for example, LED lighting to replace fluorescent lights, more energy-efficient heating and cooling systems hence reducing reliance on oil and gas.

Grants available through the Sustainable Energy Authority of Ireland¹ may also help you with the cost of making your business more energy-efficient.

Features

• Flexible repayment terms
• We can tailor loans to suit your cash flow
• Borrow from €5,000 to €300,000
• For amounts up to €120,000 the variable interest rate is 6.26%²
• For amounts from €120,000 to €300,000 the secured variable interest rate is 4.81%²
• No arrangement fee
• Terms between 3 and 7 years

To find out what the current Small Business and Agri Rate is, please click here

How to Apply

Existing Customers

If you’re an existing customer, all we need is a completed application. If we need more information from you before making our lending decision, we’ll get in touch.

New Customers

If you’re a new business customer, we’ll need the following:

• A completed application
• The business’ last 3 years’ certified accounts
• 6 months business bank statement
• 6 months personal bank statements (if your personal account is not already with Bank of Ireland). For Sole Traders, this will include any personal accounts you may have in your name or jointly with someone else. For Limited Company accounts this may include personal accounts of the Directors and Owners of the business