Representative Example
A business loan of €200,000 at a secured variable rate of 5.12% over a 7 year term will require 84 monthly payments of €2,836.03. The cost of credit is €38,226.52. The total amount repayable is €238,226.52.
Level of security required and the rate applicable will be determined by the amount, purpose & term of facility, in conjunction with the nature and value of the security being offered. Lending criteria, terms and conditions apply. Maximum credit of €500,000 available for online applications and over the phone.
Warning: If you do not meet the repayments on your credit facility agreements, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future
Warning: The cost of your repayments may increase.
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