Bank of Ireland launches €250m fund to support Irish businesses
Dec 1st, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Bank of Ireland today announced a new €250m Business Support Fund to assist with the capital requirements of trading businesses who are looking to expand or are experiencing working capital challenges in the current economic climate. The aim of the fund is to provide businesses with finance to support their short/medium term needs. It will be available to new and existing SME customer at a variable interest rate of 7.5%. Flexible repayment terms are available.