Terms & Conditions
This loan is made for purposes of the person’s trade, business or profession.
- 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 year (top ups may vary)
- Maximum Term of loan 10 years - term of loan to match purpose
- Repayment Frequency – Weekly, Fortnightly, Monthly
- 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. A €50,000 loan over 10 years at a variable interest rate of 6.97% (7.20% APR) has a monthly repayment of €554, total interest of €16,516 and a total cost of credit of €66,516.
**Business loan applications greater than €100,000 will require security. Security will be considered on a case-by-case basis and may 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 report, which may limit your ability to access credit, a hire-purchase agreement, a consumer-hire agreement or a BNPL-agreement in the future.
On the Move?
Manage your money anywhere, anytime
If you’re already registered for Dubco Ireland online access, all you have to do is download the Dubco Ireland Mobile App and you’re ready to go!
