Business Start-Up Package



As Ireland's KPMG Business Banking Excellence Award Winner 2005, 2006 & 2007 & 2008, we offer Ireland's best Start-up business loan in the marketplace.

We have a variety of discounts and benefits to help you get your business off the ground:

  • An introductory market leading Start-up Business Loan rate of just 4.1%* variable.
  • Access to finance - Loan of up to €30,000 for new business development purposes with no need for personal guarantees to be backed by assets.**
  • A MasterCard Business Card with the annual fee waived for the first year (Government Stamp Duty applies).
  • Hire purchase and leasing services are offered through Lombard, a leading asset finance provider and a member of the RBS group- with waiver of the first facility set up fee**
  • Through Invoice Finance you can access more funding than you would through traditional facilities, if your Start- up business has a projected turnover of €500,000 or more. Funding up to 80% of invoice value is available and we will waive the normal arrangement fees.**
  • Free set-up and enhanced rates for our market leading range of solutions for accepting card payments in person, over the phone or on- line.
  • Commercial foreign exchange and trade support services for Start-ups doing business abroad.


*This rate is only available for Start-up business loans to a maximum of €70,000. 4.1% variable start up loan correct as at 20/05/2009 and is subject to change. Rate available to new business customers only. Available to over 18s only. Charges for additional services still apply. Ulster Bank Ireland Ltd. is regulated by the Financial Regulator.
** Lending terms and conditions apply, available at your Ulster bank branch. Borrowers must be over 18.
The Government stamp duty applies for the Business Card
Lombard Ireland Limited (trading as Lombard and Lombard Vehicle Management) is a Multi-Agency Intermediary regulated by the Financial Regulator.

Business Loan - Warning: If you do no meet the repayments on your loan, your account will go into arrears. This may affect your credit rating.

Hire Purchase - Warning: you will not own these goods until the final payment is made.