FGLS Primary Agriculture Form - SBCI, Strategic Banking Corporation of Ireland SBCI, Strategic Banking Corporation of Ireland

Notice

Please note:

This application form relates to certain eligibility criteria for the Future Growth Loan Scheme. Other eligibility criteria set out in the terms and conditions of the SBCI Future Growth Loan Scheme ( http://sbci.gov.ie/schemes/future-growth-loan-scheme) also apply.

This is not a guarantee of credit approval. Approval of a loan under the SBCI Future Growth Loan Scheme is at the discretion of the relevant finance provider.

This application form contains mandatory binding declarations regarding eligibility for this scheme. If a false or misleading declaration is made, or if false or misleading information is provided with this application, it may lead to a demand for repayment of any sums advanced under this scheme by the finance provider and to any State aid received being recovered with compound interest.

An up to date business plan must be provided to the finance provider(s) when applying for a loan over €250,000 under the SBCI Future Growth Loan Scheme.

All declarations, business plans and documentation may be audited by the European Commission and other bodies as part of periodic audits of European support schemes. Further details shall be provided in the terms and conditions to any loan made available under the SBCI Future Growth Loan Scheme.

If you are a primary agriculture applicant and you receive state aid in excess of €60,000, there is certain information in respect of this aid which the SBCI is obliged to publish on its website. For further information please refer to http://sbci.gov.ie./schemes/future-growth-loan-scheme/regulation.

The Future Growth Loan Scheme is offered by the Strategic Banking Corporation of Ireland (SBCI) with the support of the Department of Enterprise, Trade and Employment, the Department of Agriculture Food and the Marine, the European Investment Bank and the European Investment Fund. The Future Growth Loan Scheme benefits from a guarantee from the European Union under the European Fund for Strategic Investments (EFSI).

Eligibility Criteria

1. Please choose only the predominant loan purpose applicable to you

Loan Purpose - Where the loan is to support investments in tangible assets or intangible assets on agricultural holdings linked to primary agricultural production, the investment should pursue at least one of the following objectives:

a. The improvement of the overall performance and sustainability of the agricultural holding, in particular through a reduction of production costs or the improvement and re-deployment of production.

b. The improvement of the natural environment, hygiene conditions or animal welfare standards, provided that the investment concerned goes beyond EU standards in force.

c. The creation and improvement of infrastructure related to the development, adaptation and modernisation of agriculture, including access to farm land, land consolidation and improvement, the supply and saving of energy and water.

d. The achievement of agri-environmental-climate objectives, including the biodiversity conservation status of species and habitat as well as enhancing the public amenity value of a Natura 2000 area or other high nature value systems, defined in the national or regional rural development programmes of Ireland, as long as investments are non-productive

e. The restoration of production potentially damaged by natural disasters, adverse climatic events which can be assimilated to natural disasters, animal diseases and plant pests and the prevention of damages caused by those events.

2. Project Start Date*
Project is not eligible under the Scheme if it has commenced before the date the application is received by SBCI

Date

3. Proposed Loan Amount*
Select the appropriate band.
Please note that the maximum loan amount available under the scheme is €3 million per eligible enterprise. The maximum loan amount is subject to the condition that the Gross Grant Equivalent derived from the loan remains below the applicable maximum aid intensity as provided in Art. 14 (12) of the Commission Regulation 702/2014.

4. I declare that the purpose of this loan is for investment in the business. Furthermore, I confirm that work on this project has not yet commenced.*

5. I confirm that the loan will be used to fund eligible costs applicable to this scheme which are as follows: *

the construction, acquisition, including leasing, or improvement of immovable property;
the purchase or lease purchase of machinery and equipment up to the market value of the asset;
general costs linked to expenditure referred to in points (a) and (b), such as architect, engineer and consultation fees, fees relating to advice on environmental and economic sustainability, including feasibility studies; feasibility studies shall remain eligible expenditure even where, based on their results, no expenditure under in points (a) and (b) is incurred;
acquisition or development of computer software and acquisitions of patents, licenses, copyrights, trademarks;
VAT when it is not recoverable under Irish law.

Ineligible costs are as follows:

costs, other than those referred to in paragraph (a) and (b) of the list of eligible costs above, connected with leasing contracts, such as lessor’s margin, interest refinancing costs, overheads and insurance charges;
working capital; and
VAT (except where it is non-recoverable under Irish law).

6. It is necessary to maintain detailed records with the information and documentation required to support the list of total project costs and eligible costs.

I confirm that I will keep such records for a period of ten years from the date the offer letter for this loan is issued.

Declaration

1. I confirm I am an SME.*

2. It is necessary for the SBCI to process certain information (including personal data) to process your application. I confirm that I have read and understand the SBCI Data Protection Statement.*

3. Acting further to its statutory functions under the Strategic Banking Corporation of Ireland Act 2014, the SBCI is compiling a database of its applicants so that the SBCI can send communications to such applicants for the purposes of: (i) direct marketing of similar products and services in future; and (ii) to conduct market analysis and surveys related to your application. As an applicant, we will add your contact details to our database but if you would prefer not to be included, you can opt-out by following the instructions below.

You have the right at any time to opt-out from such processing for the purposes described above, by notifying SBCI by email at: marketingoptout@sbci.gov.ie.

Otherwise, we will retain your personal data in our database of applicants so that we can contact you in future for the marketing purposes described above based on the following criteria: (i) whether you choose to opt-out; (ii) the availability of similar SBCI schemes / products / services in future; (iii) SBCI’s market analysis and research requirements; and (iv) otherwise in accordance with our data retention policy.

4. The SBCI works closely with other statutory agencies, including but not limited to Enterprise Ireland, the Department of Enterprise, Trade and Employment, the Department of Agriculture, Food and the Marine and Microfinance Ireland (together the "SBCI Marketing Partners"), for the common purposes of supporting enterprises by facilitating the provision of credit and related products and services to enterprises and contributing to the diversity of the types of finance available in Ireland. An up to date of list of SBCI Marketing Partners is available on the SBCI website at: http://sbci.gov.ie./about-us/sbci-marketing-partners.

From time to time SBCI issues a shared marketing statement by email which contains information on both SBCI’s new and existing schemes, products and services as well as information on financial services and supports provided by the SBCI Marketing Partners, which we consider are relevant and potentially of interest to you and your enterprise given the common purposes of the SBCI and the SBCI Marketing Partners referred to above. Please note that such emails are sent only from SBCI and your contact details are not shared with our SBCI Marketing Partners for this purpose.

You have the right at any time to withdraw your consent or to opt-out from receiving the shared marketing statement from the SBCI, simply by notifying SBCI by email at marketingpartnersoptout@sbci.gov.ie.

Otherwise, we will retain your personal data for a period of up to 7 years after the end of the Future Growth Loan Scheme, based on the following criteria (i) availability of other similar SBCI schemes / products / services and availability of financial services and supports of the SBCI Marketing Partners in future and (ii) whether you choose to opt out before then.

If you would like to receive the shared marketing statement by email from SBCI, please tick the following box:

5. The SBCI works closely with other statutory agencies, including Enterprise Ireland ("EI"), who wish to contact certain applicants to the SBCI’s Future Growth Loan Scheme in order to discuss potential EI supports which may be available to your enterprise.

If, as an existing EI client, you are happy for SBCI to share your company’s name and the fact of your company’s application to SBCI with EI so that EI can then contact your company for the above purpose, please tick the following box:

6. For loans over €780,000.00, the European Investment Fund ("EIF") may wish to publish certain details (including your name, address and type of financial support provided per the EIF Guarantee) on the EIF website or in press releases as explained in the SBCI Data Protection Statement.

I consent to publication of my details by the EIF.

You may also object to publication of your details by the EIF for the reasons set out in the SBCI Data Protection Statement.

7. I confirm that I am aware this scheme is being offered by the Strategic Banking Corporation of Ireland in partnership with the Department of Enterprise, Trade and Employment, the Department of Agriculture, Food and the Marine and with the support of the European Investment Fund and I confirm that the loan will not be used in contravention of any of the terms and conditions of the scheme.*

8. I declare that I am authorised by the Borrower to complete this form and that all information provided in this application form is accurate and up to date.*

Please note: None of the information contained in this form is saved by the SBCI.

When completed, this form needs to be printed, signed and returned to us via email or post.

Future Growth Loan Scheme

Eligibility Application Form

Primary Agriculture

Notice

Borrower Details

Business Details

Project Related Previous State Aid

Eligibility Criteria

Declaration

Date Received	State Aid Provider	Amount