Dáil debates

Tuesday, 10 July 2018

Other Questions

Brexit Supports

6:15 pm

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

As already stated, there have been 151 applications to the SBCI. Some 132 applications have been deemed eligible to seek loans under the scheme. They can proceed to one of the participating finance providers, which as I said are Bank of Ireland, Ulster Bank and AIB. Approval of loans is subject to the finance providers' own credit policies and procedures. To date, ten loans have been progressed to sanction at finance provider level. These loans total €2.49 million of lending under the Brexit loan scheme.

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