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CEO of SCBI encouraging Kerry businesses effected to apply for new Brexit loan

Nov 26, 2021 11:45 By radiokerrynews
CEO of SCBI encouraging Kerry businesses effected to apply for new Brexit loan
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The CEO of the Strategic Banking Corporation of Ireland is encouraging Kerry businesses effected by Brexit to apply for a new loan.

Cara Credit Union, which has branches in Tralee, Castleisland, Killorglin, Ballyduff, and Causeway, is to offer the Brexit Impact Loan Scheme.

It’s run by the State-owned Strategic Banking Corporation of Ireland, and will provide funds to micro businesses, small businesses, and primary producers that have been affected by Brexit.

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CEO of SBCI, John Madigan, says the minimum loan value is €25,000, and the loans will have a term of up to six years.

 

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