Over the past year, Capital Credit Union proudly supported businesses in our community through the Ukraine Credit Guarantee Scheme (UCGS). With a long-standing commitment to helping local enterprises, we recognised the challenges posed by rising costs and supply chain disruptions caused by the conflict in Ukraine. That’s why we stepped in to help.
Why Choose Capital Credit Union?
Our aim is to expand our business loan portfolio and reinvest in the local economy. Through the UCGS, we are able to offer businesses highly competitive interest rates and a broad range of loan products tailored to their financial needs.
How the Scheme Works
Eligible businesses can apply for low-cost loans of up to €400,000, with a portion of the loan guaranteed by the Irish Government. To qualify, businesses must:
- Employ fewer than 250 people.
- Have an annual turnover not exceeding €50 million or a balance sheet total under €43 million.
- Be established and operating in the Republic of Ireland.
At Capital Credit Union, we are particularly focused on supporting businesses in our catchment area. To apply, your business should either have a physical or registered address within our community, or have directors based in the area.
Take Action Today
Secure the financial future of your business by exploring the opportunities available through the UCGS. Contact our team directly on (01) 299 0400 to learn more and get started.
Don’t miss out—the closing date for applications is 16th December 2024. Let’s work together to build a stronger local economy!