SBCI Brexit Loan Scheme

Funding Working Capital

Supporting Brexit impacted SMEs and Small Mid-Caps to innovate and adapt with low cost accessible funding.

How the SBCI Brexit Loan Scheme works

Eligibility Check

Irish SMEs and Small Mid-Caps must satisfy Brexit and Innovation eligibility checks with the SBCI before applying to Bank of Ireland for a loan under the SBCI Brexit Loan Scheme. For a full list of eligibility criteria and how to apply, click here or call the SBCI helpdesk on 1800 804 482 to find out more.

Eligibility Confirmation

The SBCI will confirm if your application to the SBCI Brexit Loan Scheme has been successful and will issue an Eligibility Confirmation letter once approved.Should you have any queries about the scheme eligibility, call the SBCI helpdesk on 1800 804 482.


There may be a restriction on the amount of scheme funding/ loan term that can be allocated to the Borrower.

Loan amounts and term are dependent upon State Aid thresholds – SMEs are subject to De Minimis State Aid thresholds, provided such Aid does not exceed €200,000 in any 3-year fiscal period. Borrowing under this scheme will give rise to State Aid benefit, and hence there may be a restriction on the amount of scheme funding/loan term that can be availed of by the borrower. It is important to note that the State Aid is not the amount of the loan. Full details can be found here.

An SBCI Brexit Loan of €50,000 at 4.00% over a 2-year term will require 24-monthly repayments of €2,170.95. The total cost of credit is €2,102.80

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WARNING: The entire amount that you have borrowed will still be outstanding at the end of the interest-only period.
WARNING: If you do not meet the repayments on your credit facility agreement, your account will go into arrears, this may affect your credit rating which may limit your ability to access credit in the future.
Warning: You may have to pay charges if you repay early, in full or in part, a fixed-rate credit facility.
Bank of Ireland is not responsible for the information on third party websites.
Over 18 years only. Lending criteria, Terms and Conditions apply. Maximum credit of €120,000 available for online applications.
The SBCI Brexit Loan is a fixed rate loan. However, if you repay early, in full or in part, your SBCI Brexit Loan, additional charges will not be payable to Bank of Ireland.