As we support our customers in the development, growth and improvement of their business we’ve partnered with the Strategic Banking Corporation of Ireland (SBCI) to bring our customers the SBCI Future Growth Loan Scheme.

This Scheme provides competitively priced, flexible funding for SMEs and Agri customers looking to invest in and grow their Business. The SBCI Future Growth Loan Scheme will be available until 13 June 2022, or earlier, if our allocation of the scheme has been fully subscribed.

Key features

  • Loans provided under the SBCI Future Growth Loan Scheme are available to: 

    • eligible SMEs for a long term investment period of 7 to 10 years.

    • eligible Agri businesses for a long term investment period of 7 to 10 years in tangible or intangible assets on agricultural holdings linked to primary agricultural production.

  • Loans are available for amounts from €25,000 up to a maximum of €3,000,000.

  • Loan terms from 7 years to a maximum of 10 years, including any requirement to restructure.

  • The SBCI Variable Interest Rate plus:
    • a maximum fixed margin of 4.44% on loans up to and including €249,999.

      An SBCI Future Growth Loan of €25,000 over 9 years at 4.44% will have 108 monthly repayments of €281.07. The total cost of credit for the loan is €5,355.56.

    • a maximum fixed margin of 3.44% on loans of €250,000 and above.

      For example, €250,000 over 9 years at 3.44% will have 108 monthly repayments of €2694.11. The total cost of credit would be €40,963.88 for this loan.
  • Security is not required for amounts up to €500,000.

  • Interest only repayments are available for up to a maximum of two years at the start of the loan term (subject to credit approval).

  • Repayment structures that have a final bullet repayment are not permitted.



At a glance

  • Max interest rate of 4.44% per annum
  • Loan amounts now €25,000-€3,000,000
  • Terms from 7 to 10 years

Useful information about eligibility

We're here to help

Eligible SMEs will receive a confirmation letter from the SBCI with a Customer Eligibility Code (which is valid for 6 months).

Contact your Branch, Relationship Manager or call Direct Business Advisors on 1890 47 88 33, Mon-Fri 9am-5pm with your Customer Eligibility Code to begin your loan application.

Other resources

  AIB SBCI Future Growth Loan Scheme

Helpful Guide to Applying for Business Finance




Important / Regulatory Information

WARNING: The entire amount you have borrowed will still be outstanding at the end of the interest-only period.


WARNING: the cost of your repayment may increase

AIB will not apply charges if you repay an SBCI Future Growth Loan Scheme early.

The Future Growth Loan Scheme is offered by the Strategic Banking Corporation of Ireland (SBCI) with the support of the Department of Business Enterprise and Innovation, the Department of Agriculture Food and the Marine, the European Investment Bank and the European Investment Fund. The Future Growth Loan Scheme benefits from a guarantee from the European Union under the European Fund for Strategic Investments (EFSI)

It is important to be aware that AIB is obliged to share personal information about successful applicants with the SBCI and this information will also be shared with EU Bodies and State Bodies. This will be done with regard to obligations under data protection legislation. You can read our Data Protection – Use of Information Notice by visiting our website or contact us directly for more information on how we use your information.

For information on how the SBCI handles personal data, including information about your data protection rights (in respect of the SBCI) and the contact details of the SBCI’s data protection officer, please refer to the SBCI’s data protection statement.

For more information and guidelines on how the European Investment Fund handles the personal data of Borrowers and applicants for credit, please refer to the relevant data protection statement, or EIF Data Protection Statment Form.

You also need to be aware that you will need to keep and be able to produce all documents relating to the SBCI Future Growth Loan Scheme for a period of 7 years from the end of your loan.

If you provide false information in relation to your eligibility for the Scheme or the amount of State Aid received, AIB are obliged to share this information with the SBCI who may take further action. This may also result in the termination of your loan facility and a demand for early repayment in full.​

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.