Guidance Business Plan


You must provide a separate Business Plan when applying for a loan under the SBCI Covid-19 Working Capital Loan Scheme (the “Scheme”).  The requirement for a Business Plan under the Scheme is to assist you in reviewing your business and to plan for Covid-19 and future business strategies.

The template below sets out the suggested headings to be used in the preparation of your business plan and the content required. The level of detail will be determined by the complexity of your business, the level of finance being sought and the finance provider’s prior knowledge of you and your business. Complex businesses with multiple products and outlets would require more detailed plans than less complex businesses and where the applicant is well known to the financial provider.

To assist in determining the level of detail that you should include, the headings have been presented in the form of core and optional sections with the core sections set out in bold type. The core sections must be completed for loans <€150K. All sections should be completed for loans >€150K.

1. Executive Summary

  • Outline the amount of the loan being requested and its purpose. The purpose of the loan must be ‘Covid -19’ related.  
  • Provide details on how the loan will be used to help your business prepare for or react to Covid-19.. If you indicate in the eligibility assessment, that one the following innovation criteria applies, these details should also be included in this section: -    

1.    At least 80% of the Scheme Loan will be spent on research and innovation activities with the remainder on costs necessary to enable such activities. Detail the expenditures and activities to be undertaken that meet this criterion.

2.    Detail the risks of failure and the expenditures and activities to be undertaken.

2. The Business - Brief description of the business

History of the business, key milestones. Goals and overall strategy of the business.

3. Products, services, customers & marketing - Describe the key products or services

Describe each product in terms of life cycle, target customers, geographical split of sales, distribution channels, marketing. 

4. Financial Information - Latest Financial Accounts

Details of the business’s funding (loans, security, finance providers). 

Financial projections

You can print the SBCI business plan here.