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Bibby Financial Services Ireland Join €2bn Covid-19 Credit Guarantee Scheme

Bibby has become the latest financial provider in the Government’s Scheme

News
30 Mar 2021

30th March – Bibby Financial Services Ireland has become the latest financial provider in the Government’s Covid-19 Credit Guarantee Scheme.

The Scheme offers reduced interest rates on facilities of between €10,000 and €1m for terms up to 5 and a half years to Irish businesses responding to the impacts of Covid-19, including those in the farming and fishing sectors, with no personal guarantees required for loans under €250,000.

The Scheme will be available until the end December 2021.

The Covid-19 Credit Guarantee Scheme operates under the State Aid Temporary Framework introduced in response to the pandemic.