Lending

In 2016, the SBCI entered into agreements with three new on-lenders: First Citizen Agri Finance, Bibby Financial Services Ireland and Fexco Asset Finance. This increased the SBCI’s partnerships with on-lenders to eight, further broadening the range of products offered to SMEs and bringing the SBCI’s total funding available to SMEs to €906 million at end-2016. The SBCI continues to work on building additional partnerships to provide a greater variety of competitive funding options for SMEs and enhance the diversity of lenders and types of finance.