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Rising input costs and tariffs the biggest risks for SMEs

Rising input costs, tighter access to finance and the impact of tariffs are the biggest risks facing Irish SMEs, new research shows.

Business • 17 Jul

June Butler, the CEO of the Strategic Banking Corporation of Ireland

Staffing, energy costs biggest worries for SMEs - SBCI

A new survey from the Strategic Banking Corporation of Ireland reveals that access to skilled staff, high energy and transport costs as well as access to finance are the biggest risks identified by Irish SMEs.

Business • 21 Oct 24

June Butler, SBCI CEO, Finance Minister Jack Chambers, Ioannis Tsakiris, EIB Vice President and Elliott Griffin, BVP's CEO

New €50m Green Transition Finance product launched

A new finance product aimed at supporting Irish businesses to achieve their green sustainability goals has been launched.

Business • 13 Sep 24

Patrick Delaney appointed Chair of SBCI

Patrick Delaney has been appointed Chair of the Strategic Banking Corporation of Ireland (SBCI).

Business • 01 Mar 24

The Ukraine Credit Guarantee Scheme (UCGS) allows eligible customers to receive working capital loans up to €250,000

Linked Finance to offer €50m in low-cost loans to SMEs

Linked Finance is to offer low-cost loans of €50m to SMEs across Ireland in partnership with the Strategic Banking Corporation of Ireland (SBCI).

Business • 20 Feb 24

Finance Minister Michael McGrath, Mike O'Halloran of Fexco Asset Finance, Sean Crowe of Fexco, June Butler of SBCI and Neil Hosty, CEO of Fexco

Fexco Asset Finance joins SBCI's energy loan scheme

Fexco Asset Finance has become the fourth participant in the Energy Efficiency Loan Scheme, operated by the Strategic Banking Corporation of Ireland.

Business • 21 Feb 23

The new scheme is available through Bank of Ireland, with multiple other on-lenders due to follow in the coming weeks.

SBCI launches new energy efficiency loan fund for SMEs

The Strategic Banking Corporation of Ireland (SBCI) has launched its €150m Energy Efficiency Loan Scheme to help SMEs and farmers cut their energy bills and reduce their carbon emissions by investing in energy-saving measures.

Business • 11 Jul 22

Nicola Woods, Ireland Programme Manager at Enterprise Nation, Suzanne Sweeney of SBCI, Marian McCarville of BPFI and Oisin Geoghegan of Local Enterprise Office

New programme to help SMEs navigate funding options

Enterprise Nation has launched a new programme which aims to help 30,000 small businesses to better understand and navigate the world of finance and funding.

Business • 09 Jun 22

Eamonn Crowley, CEO of PTSB and June Butler CEO of SBCI at the launch of the bank's new €1 billion lending fund for SMEs

Permanent TSB launches new €1 billion SME lending fund

Permanent TSB has announced a new €1 billion SME lending fund for businesses nationwide as it expands its product offerings for SMEs.

Business • 24 Jan 22

Minister of State for Business, Employment and Retail, Damien English along with June Butler from SBCI and Des McCarthy, CEO of Microfinance Ireland

SBCI's €30m deal with Microfinance Ireland on SME loans

The Strategic Banking Corporation of Ireland has agreed a new partnership deal with Microfinance Ireland (MFI) worth €30m.

Business • 28 Oct 21

Mike O'Halloran, CEO of Fexco Asset Finance, with Finance Minister Paschal Donohoe and John Madigan from the Strategic Banking Corporation of Ireland

SBCI and Fexco Asset Finance extend SME lending tie-up

Fexco Asset Finance and the Strategic Banking Corporation of Ireland have announced a €40m extension to their partnership which allows SMEs to borrow at a lower cost for specialist equipment and vehicles.

Business • 18 Oct 21

The scheme provides low cost loans of between €25,000 and €1.5 million to eligible businesses.

Brexit Impact Loan Scheme opens for applications

The Brexit Impact Loan Scheme, which is designed to help SMEs, farmers and fishers respond to the impact of Brexit has opened for applications today.

Business • 15 Oct 21

Permanent TSB is to offer €50m in low-cost SME loans from today

SBCI teams up with Permanent TSB on SME loans

Permanent TSB has become the latest bank to take part in the Government's €800m Future Growth Loan Scheme (FGLS), which provides new low-cost funding to Irish SMEs.

Business • 11 Nov 20

Nick Ashmore, CEO of the Strategic Banking Corporation of Ireland, said that borrowing is not something any Irish firm takes lightly

Slow uptake of two Covid schemes amid uncertainty

Just 1,065 SMEs have been approved for two of the main Covid support schemes in the three months to August, according to new figures from the Strategic Banking Corporation of Ireland - which operates the schemes.

Business • 18 Sep 20

Nick Ashmore, chief executive at SBCI, said this is an exceptionally difficult time for all businesses

SBCI announces new €17.5m funding source for SMEs

The Strategic Banking Corporation of Ireland has launched a new source of funding for SMEs with a €17.5m hire purchase and leasing programme through regional lender SME Finance & Leasing Solutions.

Business • 30 Apr 20

Heather Humphreys said today's package is a significant step-up in the supports available for all businesses at this very difficult time

€1 billion of supports ready for Covid-19 impacted SMEs

Minister for Business Heather Humphreys has announced further measures to help businesses cope with liquidity challenges posed by the Covid-19 restrictions.

Business • 08 Apr 20

The Strategic Banking Corporation of Ireland's CEO Nick Ashmore

SBCI's loans total €1 billion for the first time

The Strategic Banking Corporation of Ireland said its lending levels had passed the €1 billion mark by the end of March this year.

Business • 27 May 19

The scheme will be delivered by the Strategic Banking Corporation of Ireland and is is supported by the European Investment Fund

€300m Brexit loan scheme launched for Irish businesses

The Government has launched a €300m loan scheme for Irish companies to offset the potential impacts of Brexit.

Business • 28 Mar 18

The agriculture sector is the biggest user of SBCI loans, accounting for 22.9% of the total

SBCI supported €113m in SME loans in Q1

The Strategic Banking Corporation of Ireland says it supported €113m worth of SME loans during the first three months of 2017, and has now supported total draw down loans of €657m since its inception in March 2015.

Business • 06 Jun 17

SBCI's chief executive Nick Ashmore said the lender's focus remains squarely on powering SME growth

SBCI lends over €0.5 billion to SMEs

The Strategic Banking Corporation of Ireland has advanced €544m in loans to small and medium enterprises here since its inception in March 2015.

Business • 01 Mar 17

The new COSME deal will enable the SBCI to offer risk-sharing on its loans for the first time

New deal to provide €100m in lending for SMEs

The European Investment Fund and the Strategic Banking Corporation of Ireland have signed a new deal aimed at supporting €100m of lending to SMEs in Ireland over the next three years.

Business • 12 Dec 16

Finance will be available to firms from FEXCO with an SBCI discount of 1.57%

SBCI joins with Fexco to launch €70m SME fund

The Strategic Banking Corporation of Ireland and Fexco Asset Finance have launched a €70m fund for SMEs seeking to lease specialist equipment and vehicles.

Business • 29 Nov 16

First Citizen Finance is offering a new €50m fund for Irish agri-business SMEs

€50m in new lower-cost funding for agri-business

The Strategic Banking Corporation of Ireland has today announced a sixth lending partner to offer its finance to Irish SMEs.

Business • 29 Apr 16

€50m being made available to SMEs looking to buy equipment, machinery and vehicles

SBCI makes €50m available to SMEs for equipment

The Strategic Banking Corporation of Ireland is to make lending of €50m available to small and medium-sized businesses looking to buy equipment, machinery and vehicles.

Business • 29 Oct 15

The SBCI was established as an additional support to small businesses

SBCI lent €45m between March and June

The Strategic Banking Corporation of Ireland said it had lent €45m from March to June, with loans to the agriculture sector making up nearly a third of all loans.

Business • 30 Jul 15