COVID Loan Scheme Overview

This summary provides the key details on loan schemes available as part of the Government’s support for businesses during the COVID-19 Pandemic.

Loans explained include:

  • Credit Guarantee Scheme (CGS)
  • Future Growth Loan Scheme 
  • SBCI Covid-19 Working Capital Scheme

While the generalities of each scheme are covered here, as restrictions continue to change, businesses should contact their bank to discuss any funding needs. Due to the many varied scenarios businesses find themselves in, requests are often dealt with on a case by case basis.

The Government has recently announced that certain Credit Unions are now participating in the Covid-19 Credit Guarantee Scheme.

Find out more about Credit Unions and the COVID-19 Credit Guarantee Scheme 

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