Invest in the future of your business. With a business loan, you can respond to the unexpected without affecting your day to day cash.
When your business circumstances change, your ability to pay back your loan can be affected. We can arrange payment breaks and interest-only options with you. So paying back your loan can be as stress free as possible.
*Flexible repayment arrangements may impact on the repayment amount and/or term of the loan.
Tailored to you
We know that no two businesses are the same. We will look at your loan application on an individual basis, to make sure your particular circumstances are always considered from the start.
Loans up to €60,000 at a glance
- Ideal for short term funding needs
- Fixed rate loan
- Flexible repayment options*
- No charges for early repayment
How to apply
You can complete the form online and then print it (or print and complete it manually). The signed form should be returned to your branch or Relationship Manager.
Our Business Interest Rates are increasing, here's what you need to know:
SME Fixed Rate Loan
SME Fixed Rate loans are available for amounts up to €60,000. A new fixed rate of 7.45% will be effective from 26 May 2023. Loans drawn up to and including 25 May 2023 can avail of the current fixed rate of 6.95%.
Interest rate changes take into consideration the European Central Bank (ECB) interest rate increases over recent months.
Frequently asked questions
I have an SME Fixed Rate Loan, will the interest rate on my loan change?
No, the interest rate on your SME Fixed Rate Loan is fixed for your loan term. The interest rate on SME Fixed Rate Loans drawn down from 26 May 2023 will be at the new interest rate.
I have loan approval for an SME Fixed Rate Loan, but I have not yet drawn the loan money. What interest rate will you charge me?
We will charge the new rate of 7.45% for Fixed Rate loans drawn on or after 26 May 2023. If this is different to the rate in your Letter of Offer, we will recalculate your repayments at the new rate and send you a letter with these details when you draw down your loan.
Will my Central Credit Register (CCR) record be affected due to these changes?
We will continue to report the balance on your loan to CCR until it is cleared.
What do I do if I am having difficulty meeting my repayments?
If you are having difficulty meeting your repayments or anticipate difficulty, we would like to work with you to find a way to help you manage your situation. If you would like to discuss your situation, please contact your Relationship Manager or local branch.
- Business loan application form - Please complete online, print (or print and complete manually), sign and return to your branch or Relationship Manager
- Guide to applying for business finance
|Warning: You may have to pay charges if you repay early, in full or in part, a fixed rate credit facility.
However AIB will not apply charges if you repay this €0 to €60k SME Fixed Loan early.
|Warning: The cost of your repayments may increase.
|Warning: The entire amount you have borrowed will still be outstanding at the end of the interest only period.
Lending criteria, terms and conditions apply. Credit facilities are subject to repayment capacity and financial status and are not available to persons under 18 years of age. Security may be required.