Green Business Loan T&C's

Rate 5.97% (6.14% APR*) - Variable Interest Rate

Terms & Conditions

The Green Business loan can be used for members seeking funding to support Green initiatives for their businesses with the support of SEAI grants.

  • Subject to underwriting criteria, terms and conditions
  • Minimum loan amount €1,000
  • Maximum loan amount €100,000 (unsecured), €200,000 (secured)**
  • Minimum Term for new loans – 1 years (top ups may vary)
  • Maximum Term of loan 10 years
  • Repayment Frequency – Weekly, Fortnightly, Monthly
  • Member to provide quote for Green Energy projects/SEAI grant application
  • Loans are insured up to €75,000 at no direct cost to all eligible members
  • Loans in excess of €75,000 may require (at the discretion of Dubco) appropriate loan protection or life assurance for the duration of the loan. Any such policy would have to be assigned to Dubco
  • Loan can be topped up, balance must be brought back up to minimum loan amount of €1,000

*The Annual Percentage Rate (APR) included is an example only; this APR example is based on a €75,000 loan over a period of 12 monthly repayments.

**Business loan applications greater that €100,000 will require security - Security will be considered on a case by case basis and include a charge, assignment, pledge, lien or other encumbrance in or over any asset or property, but shall not include unsecured guarantees by third parties.

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.