COVID-19 financial solutions to assist our business customers
We know that many of you, like us, are worried about COVID-19. At AIB we are determined to continue to support you through these unprecedented times and we encourage you to contact us if you believe you have been impacted financially by COVID-19.
We have a range of solutions designed to support our customers who are experiencing financial difficulty as a result of COVID-19 including a 3 Month Payment Break for Business Loan(s) and Working Capital Solutions.
Short-term COVID-19 support
If you expect your cashflow to drop temporarily as a result of COVID-19 and you believe you will be unable to make your loan repayments, we’ll do our best to help you.
A payment break means that you won’t pay any interest or capital on your loan during the period of the break. When the 3 month payment break expires your monthly repayments over the term of your loan will be increased to ensure your loan will be repaid within its original term.
For your information, you may have insurance cover which may assist during this time. It is worth contacting your insurance provider directly for more details and have your policy number to hand.