It is a familiar feeling for business owners all over the country – the annual tax bill is due and you may not have enough working capital set aside to pay it.
Not only that but you may also have bills for professional fees and personal indemnity insurance to pay. Plus you may want to contribute to a pension.
Our popular loan enables you to spread the cost of your tax bill and other expenses over 11 months with more manageable monthly payments.
Our team is here to help you
We have a team of experienced specialists who are ready to deal with any borrowing requirement you may have.
Avoid Revenue penalties and interest for late payment
When you pay off your tax bill in one lump sum, you don’t have to worry about penalties and interest from the Revenue. Click here for more information.
Pay the loan off faster with no extra cost
In addition, our business loans have competitive interest rates and no early repayment penalties. This means you can choose to pay off the loan as quickly as you want without paying any additional costs.
- Features & Benefits
Key features and benefits of a tax loan
- Take control of your cash flow
- Set monthly payments
- Flexible repayment terms
- Quick and simple to arrange online or over the phone for amounts up to €120,000.
- No administration fee.
- Terms and Conditions
- All applicants must meet credit approval criteria and each individual loan will go through the normal credit approval process
- Standard Terms & Conditions apply
- Level of security required and rate applicable, will be determined by the amount, purpose & term of facility, in conjunction with the nature and value of the security being offered.
- Over 18’s only
- How to Apply
Apply OnlineCall our team – Existing and new customers can also call us on 1890 365 222 Mon-Fri, 8am – 8pm and Sat 10am – 2pm.
For amounts greater than €120,000, contact your Relationship Manager or local branch.
Repayment and Cost of Credit examples
| Loan Amount | Interest Rate | Term in Months | Monthly Repayments | Total Cost of Credit |
| 1 | €5,000 | 6.31% | 11 | €468.94 | €158.34 |
| 2 | €10,000 | 6.31% | 11 | €937.87 | €316.57 |
| 3 | €15,000 | 6.31% | 11 | €1,406.81 | €474.91 |
| 4 | €20,000 | 6.31% | 11 | €1,875.74 | €633.14 |
Click here to see our Reference Rates table.
Variable rates are correct as of 23rd November 2020 and are subject to change
WARNING: The cost of your repayments may increase
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.
Level of security required and 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 and terms and conditions apply. Over 18’s only. Maximum credit of 120,000 available for online applications and over the phone. For amounts greater than €120,000, contact your Relationship Manager or local branch.
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