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Important Notice about Closure to New Business
These products are no longer available for sale. Ulster Bank Ireland DAC is no longer accepting any new application requests from business customers effective 4th January 2023. There are some exceptions to this for existing customers, for more information click here.
Business Loan
Variable rate borrowers WARNING: THE COST OF YOUR REPAYMENTS MAY INCREASE |
The need to knows
- Flexibility to reduce your borrowing at any time during the term of the loan
- Interest rate is variable and linked to Cost of Funds
What we will need from you?
- Financial information from your annual accounts or projections
- A negotiated arrangement fee will be payable on facilities above €500,000 (to a maximum of 1%)
| Lending | Rate % |
|---|---|
| AA1 Overdraft / Loan (effective from 20th May 2009) |
8.45% |
| Cost of Funds (effective from 2nd February 2023) * |
0.86% |
| Cost of Funds (Pre 2012 calculation and definition) (effective from 2nd February 2023) * |
0.85% |
* To find out what rate applies to you, click here.
To view historic Cost of Funds and Cost of Funds (Pre 2012 calculation and definition) rates, please click here.