The Government has announced a further loan scheme to help SMEs access low-cost finance, recognising that many of them are still getting back on their feet after what has been an incredibly challenging few years.
The COVID-19 Loan Scheme is a state-backed loan scheme, offering SMEs, including farmers, fishers, food businesses and small mid-caps, loans of between €25,000 and up to €1,500,000, with terms of one to six years and unsecured up to €500,000.
Finance provided is competitively priced and some refinance can be availed of to help with any existing short-term credit a business may have.
For details click
here.