SBCI

As the SBCI lending partner for Invoice Financing funding you can apply through our website or calling 012794911.

The benefit of SBCI Invoice Finance to qualifying SME’s is reduced invoice funding costs through our partnership with the SBCI. Allowing you access to funding of up to €5m with minimum facility period of 24 months. 

The SBCI Invoice Finance products are currently only be available through Bibby Financial Services as we are the SBCI’s preferred invoice finance lending partner.

SBCI loans will be available to the full range of SMEs from micro one-person enterprises to medium- sized businesses.  An SME can borrow up to €5 million which is likely to cover the needs of most Irish SMEs.

It is important to note that SBCI loans will be available to the full range of SMEs from micro, one-person enterprises to medium-sized businesses.

The European Commission and Irish definition of an SME is:

‘Enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding €50m and/or an annual balance sheet total not exceeding €43m’

All lending partners have to demonstrate that the financial benefit arising from SBCI funding is passed on to SMEs. This is part of their terms and conditions with the SBCI. The SBCI also has to show KfW Group and the European Investment Bank (EIB) that the financial benefits are passed on to SMEs.