Capitalflow & SBCI
Partnership
Capitalflow is now offering SBCI funded
products to Irish SMEs
What Is The SBCI?
A new, strategic SME funding company, the SBCI’s goal
is to ensure access to flexible funding for Irish SMEs by facilitating the provision of:
- flexible products with longer maturity and capital repayment flexibility, subject to credit approval
- lower cost funding to financial institutions which is passed on to SMEs
- market access for new entrants to the SME lending market,
creating real competition
Find Out More About SBCI Funding
Open a chat
Call us now + 353 (1) 563 2400
Email us info@capitalflow.ie
or go to SBCI website
Who Qualifies For SBCI Funding?
An entity qualifies as an independent Small Medium
Enterprise if it meets each of the following criteria
An annual turnover of less than €50m, and/or a balance sheet total less than €43m.
Less than 250 employees.
The enterprise is an independent, autonomous entity (or, if part of a wider group of enterprises, the entire group must qualify as an SME)
Less than 25% of capital voting rights held by public bodies.
The enterprise has a significant presence in Ireland.
How To Apply?
Download and fill in the relevant form…
…and send it by:
Post:Capitalflow
Block A,2nd Floor
The Crescent Building
Santry,
Dublin 9
Email: sbci@capitalflow.ie
Competitive interest rate
Finance is available at a competitive discounted interest rate from Capitalflow Leasing standard rates.
Finance is available at a competitive discounted interest rate from Capitalflow Leasing standard rates.
Eligibility Criteria For SBCI
Supported Leasing/Hire Purchase
The SBCI Finance can be used for new long-term investment loans that are incurred in the development of an SME.
The SBCI funding can also be used to refinance assets on Hire Purchase or Leasing of unencumbered assets
The Finance amount is minimum of €2,000 to €1,000,000 per individual asset, up to a maximum of €5,000,000 for multi-asset deals to an SME.
The minimum term of the facility is 2 years and maximum repayment finance term is 7 years (depending on Asset Classification and Age)
If you` have any questions about eligibility please feel free
to contact us on 01-5632400.
We would be happy to arrange a meeting in person with you and/or your colleagues to discuss our products further and the potential benefits to your business should you be eligible for an SBCI funded loan.
Comprehensive detail on qualifying criteria.
State Aid
The provision of funding for these facilities is being made under the Di Minimis State Aid rules which allow for the provision of State Aid.
SMEs may avail of Di Minimis State Aid provided it does not exceed €200,000 in any 3-year period. In the case of certain loans, State Aid may arise by virtue of the discounted interest rate received by the SME on SBCI funding, and if so, the SME will be advised. It is important to note that the Aid is not the amount of the Finance. Full details available here.
