You must have an SBCI Eligibility Code to begin an application.If you have not yet registered with the SBCI please visit https://hub.sbci.gov.ie/ and complete registration there
You must be a partner, director or the proprietor of the business to complete this form
You must be a partner or a director of the business to complete this form
You and your business partner(s) will need to be a credit union members to apply.
Joining is easy and we'll include the additional questions for your membership form after you complete this loan application
You will need to be a open a business account to apply.
We'll include the additional questions for your account opening form after you complete this loan application
Maximum number of assets reached.
Maximum number of liabilities reached.
Maximum number of dependents reached.
Maximum number of entries reached.
Security will be required for all loans over 10 years, talk to us to find out more.
If you are NOT tax resident in the Republic of Ireland please provide your Tax Identification Number (“TIN”) and Country of Tax Residence
This information is being sought for the purposes of reporting obligations under the Common Reporting Standard (CRS), as provided for by Section 891F of the Taxes Consolidation Act 1997. The information required to be reported under the CRS, including name, address TIN, account number, account balance and payments on the account will be provided to the Revenue Commissioners and may be exchanged securely with another Competent Tax Authority in you jurisdiction of tax residence, but such information will at all times be treated with the strictest confidentiality in accordance with applicable data protection laws. Only data that is legally required to be reported will be provided to the Revenue Commissioners. For more information on this, please speak to your credit union, contact Revenue at aeoi@revenue.ie or see http://www.oecd.org/tax/transparency/automaticexchangeofinformation.htm
2. Borrower confirms that: - The businessis a qualifying Micro / SME established and operating in Ireland. - The business is not carrying out its principal business activity with an Excluded Sector as specified by the scheme. 3. Borrower confirms the financial condition is: - The business is a viable business. - The costs incurred by the business have risen by a minimum of 10% over its costs for 2020 due to the economic difficulties resulting from the invasion of Ukraine.
I/We acknowledge and permit the Credit Union to provide information about our business and the facility, which it is required to provide to the Minister for [Enterprise, Trade and Employment] (the “Minister”) acting by the the Department of [Enterprise, Trade and Employment], the Strategic Banking Corporation of Ireland (being the Operator of the Scheme) (the “Operator”), the Department of Agriculture, Food and the Marine (“DAFM”) and any EU body and any State body.
I/We understand that the lawful bases under the GDPR for the processing of my/our personal data by the Credit Union as a data controller are Art. (6)(1)(b) – Contract Performance: Data processing is lawful where it is necessary for performance of a contract and Art. 6(1)(c) – Legal obligation: Data processing is lawful where it is necessary for compliance with a legal obligation.
With reference to regulation 2018/1725 dated 23rd October 2018, as amended, relating to the protection of natural persons with regard to the processing of Personal Data by the Union Institutions Bodies and Agencies and on the free movement of such data as amended, restated, supplemented or substituted from time to time (the Data Protection Regulation) and the GDPR the Credit Union hereby notifies the Borrower as follows:
I/We acknowledge that the Department of Enterprise, Trade and Employment may be obliged to disclose information relating to me, my business, and the facility to any competent European Union (EU) body in accordance with the relevant mandatory provisions of EU Law.
For the avoidance of doubt, the Minister and the Credit Union are separate independent data controllers.
NOTICE: Under the Credit Reporting Act 2013 lenders are required to provide personal and credit information for credit applications and credit agreements of €500 and above to the Central Credit Register. This information will be held on the Central Credit Register and may be used by other lenders when making decisions on your credit applications and credit agreements.
The Central Credit Register is owned and operated by the Central Bank of Ireland. For more information, including on how your data is processed, see www.centralcreditregister.ie
Warning: If you do not meet the repayments on your credit agreement, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.