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.

Online form

Apply online

Fill out this request form and a member of our team will be in touch with you as soon as possible to discuss the best solution for you.

Contact

Call us

Call our COVID-19 support line on 0818 300113. Open Monday - Friday 9am- 5pm.

Some additional solutions that may be suitable for our Business customers

  • Short term loans

    You can continue to conduct day to day banking online through internet banking

    short term loan may be used to replenish spend from cashflow   

    You can now apply, sign and get your funds online for business loans from €2,000 to €60,000       

  • Working capital solutions
  • Trade Finance

    AIB Customer Treasury Services offers a range of Trade Finance products to help your business win contracts abroad, and to identify and manage the risks associated with international trade.

    Find out more.

  • Foreign Exchange risk management

    If your business is trading internationally, you may be exposed to Foreign Exchange (FX) risk, where adverse currency movements may reduce or eliminate the margin your business earns. Talk to us about how we can help you to manage this risk.

    Find out more.

  • Government supports

    There are Government supports that AIB can facilitate such as the Credit Guarantee Scheme

    Additional Government supports that are available to customers include:

    MicroFinance Ireland  - announced the doubling of maximum loan available to micro firms from €25,000 to €50,000. Find out more here

    Enterprise Ireland - announced  a €200m package for Entreprise supports including a rescue and restructuring scheme. Find out more here

  • SBCI COVID-19 Working Capital Loan Scheme

    AIB will be supporting the ‘SBCI Covid-19 Working Capital Loan Scheme’.  SME’s can make an Eligibility Application for this scheme here.  

  • Customer in difficulty (Forbearance requests)

    In these uncertain times we can offer help and guidance if you are experiencing financial difficulty. We recognise that you may need support in managing your existing credit facilities with us and have a number of possible solutions available to you depending on your circumstances:

    a. Capital Moratorium-i.e. interest only for a period

    b. Capital and Interest Moratorium

    c. Covenant Waivers

  • Understanding your ICB

    In these uncertain times, we are here to support you. Our product solutions have been designed to ensure your credit records will not be negatively affected during these unprecedented times.

    Talk to us early to find out how we can find the right solution for you and ensure your credit performance continues to remain in good shape.

  • Contact us

    Call  1890 478 833 to speak to a direct business advisor

    Opening Hours:

    Mon-Fri: 8am to 9pm