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Previous SBCI Loan Schemes

This page outlines previous SBCI loan schemes which generated reportable State Aid and are now closed.

The €150m Agriculture Cashflow Support Loan Scheme (ACSLS) was launched in January 2017 to support Irish farmers experiencing short-term financial pressure due to price and income volatility. Developed in conjunction with the Department of Agriculture, Food and the Marine, the Scheme was available through, AIB, Bank of Ireland and Ulster Bank. The ACSLS scheme was fully allocated and consequently closed in March 2017.

The €300m Brexit Loan Scheme (BLS) was launched in March 2018 to enable eligible Irish businesses to implement necessary changes to address the challenges posed by Brexit. Offered in partnership with the Department of Jobs, Enterprise and Innovation (now Enterprise, Trade and Employment), the Department of Agriculture, Food and the Marine and supported by the InnovFin SME Guarantee Facility, with the financial backing of the European Union under Horizon 2020 Financial Instruments, the Scheme was available through AIB, Bank of Ireland and Ulster Bank. The BLS scheme was closed for new applications for eligibility codes in July 2021 and was replaced by the new Brexit Impact Loan Scheme (BILS) in October 2021.

The €200m Covid-19 Working Capital Loan Scheme (Covid-19 WCLS) was launched in March 2020 as an immediate emergency response to the outbreak of the pandemic in Ireland. The Scheme aimed to provide funding support to enable eligible Irish businesses to implement necessary changes to address the challenges posed by Covid-19. Offered in partnership with the Department of Enterprise, Trade and Employment, the Department of Agriculture, Food and the Marine and supported by the InnovFin SME Guarantee Facility, with the financial backing of the European Union under Horizon 2020 Financial Instruments, the Scheme was available through AIB, Bank of Ireland and Ulster Bank. The Covid-19 WCLS scheme was closed for new eligibility applications in July 2021.