An update from Ulster Bank
Today, 31st January 2023, we are announcing that after 31st March 2023, we will no longer accept new applications from any of our commercial customers for new or increased loans, overdrafts, invoice finance or trade finance. Any applications received for these products from existing commercial customers on or before 31st March 2023 will be progressed in the normal manner.
This does not apply to the Lombard Asset Finance business which remains open for business for all new and existing customers.
This latest announcement expands on the closure of application processing for the above products introduced for our Micro SME customers on 4th January 2023.