Services provided or to be provided to the Public

1. Services provided to the public including administration of an enactment/scheme

The SBCI aims to deliver lower cost, long-term, innovative and accessible funding to independent Irish SMEs. The SBCI offers flexible products, through its on-lending partners, tailored to the SME market.

The following is a list of the SBCI’s products:

  • SBCI Investment and Working Capital Loans
  • Re-finance of Exiting Banks
  • Agriculture Investment Loans
  • Leasing and Hire Purchase

If you require further information about the SBCI’s products please click here.

2. How such services can be accessed

SBCI products can be accessed through the SBCI’s on-lending partners.

Investment, Working Capital, Agriculture Investment loans together with loans to refinance facilities from Banks exiting the Irish Market can be accessed through AIB, Bank of Ireland and Ulster Bank. Contact details are as follows:

AIB is available for SBCI loan enquiries through its network of branches and dedicated SME line. Click http://business.aib.ie/branch-locator to find your nearest branch or call 1890 47 88 33 Monday – Friday 08:00-21:00, Saturday 09:00-18:00.

Bank of Ireland is available for SBCI loan enquiries through bbsbci@boi.com. Please visit www.bankofireland.com/sbci for further details.

Ulster Bank is available for SBCI loan enquiries at 1850 211 690 (Republic of Ireland). Please visit http://digital.ulsterbank.ie/business/accounts-and-services/business-lending/SBCI-Loan.html for further details.

Leasing, Hire Purchase and Fleet Finance products can be accessed through Finance Ireland. Contact details are as follows:

Finance Ireland Leasing is available for SBCI leasing/hire purchase enquiries through info@financeireland.ie. Please visit www.financeireland.ie for further details.

3. Review or appeal rights relating to such services

The SBCI does not lend directly to SMEs. Funds are lent through the SBCI on-lending partners. In the event that an SME’s application for credit is unsuccessful, SMEs should channel  their query directly through the bank on-lending partners who operate an internal appeals process. Links to our current on-lending partner websites are provided below:

If the SME’s internal appeal is unsuccessful, it can then refer the case to the Credit Review Office. Information about the role of the Credit Review Office and the eligibility criteria for review can be found on its website at www.creditreview.ie

SBCI Customer Charter

This Customer Service Charter outlines the SBCI’s commitment to service and describes the standards of service that you can expect to receive from us. 

Our purpose and functions 

One of the SBCI’s goals is to promote the provision of finance through effective credit facilities to SMEs and other businesses to meet their financial needs, whether related to growth, investment or operational needs. To this end the SBCI provides wholesale funding and/or guarantees to finance providers, which in turn supports the delivery of flexible finance products by those finance providers, (subject to their respective credit approval processes), to businesses. Typically, these products will have longer maturity dates and/or will be priced at a lower cost than may otherwise be available in the Irish credit market. The SBCI also seeks to encourage market access for new entrants to the business lending market, thereby encouraging competition. The SBCI aims to create a more competitive and dynamic environment for funding in the Irish credit market by designing finance products which diversify the types of finance available in Ireland, ultimately supporting economic growth and job creation in Ireland.  

Our customers/final beneficiaries 

The SBCI’s customers are financial providers, including both banks and non-banks.  Final beneficiaries of SBCI funding currently include sole-traders, SMEs and small mid-caps.  

Delivering for you 

The SBCI is committed to promoting the delivery of lower cost, longer-term, innovative and accessible credit to SMEs and other businesses. Consequently, the SBCI designs products for delivery via financial providers that are available across different business sectors and business sizes (sole-trader to small mid-cap).  

The SBCI commits to respond to all queries from interested parties promptly. Such queries may relate to a person's eligibility to avail of SBCI supported funding, for example, the Brexit Loan Scheme. 

Our Values 

The SBCI  

  • Acts with the utmost integrity, and treats people with impartiality, fairness and respect.  
  • Aims to fully understand our final beneficiaries’ financial needs and design products which will effectively address those needs.  
  • Acts in accordance with our obligations pursuant to the Freedom of Information and Data Protection Acts. 
  • Aims to ensure all interested persons, including those with disabilities, have access to information and events.  

Feedback and Complaints 

The SBCI welcomes your feedback which we regularly evaluate to see how we can further improve the services we provide, via financial providers, to businesses. 

Feedback, including complaints, can be furnished to the SBCI in several ways - see contact details below. 

Further information 

For further information on the SBCI’s Customer Service Charter please contact: 

Strategic Banking Corporation of Ireland 

Treasury Building 

Grand Canal Street 

Dublin 2

Phone: +353 1 238 4000 

Email: info@sbci.gov.ie 

Website: www.sbci.gov.ie 

Approved by 

Signature  

Nick Ashmore 

Chief Executive Officer 

Strategic Banking Corporation of Ireland