Business Banking

At Bank of Ireland we believe that only by truly understanding the market you operate in and the nature of your business, can we really make a difference to your company's finances.

Success in business requires constant innovation and a determination to look for ways to continually improve. Bank of Ireland can help you in both these areas. Whatever your stage of development, we can help you review your financial arrangements and ensure that they are keeping pace with the growth of your business.

Our experienced teams will help look after your day-to-day banking needs, whether that's setting up a current account or getting your foreign exchange sorted. We can also help with more specialist advice and money management for Management Buy Outs, acquisitions and re-financings.

Our cashflow management solutions can help ensure that your business runs smoothly. We can provide a choice of financial solutions such as overdrafts and loans, invoice finance or a Visa Business Credit Card.

Our Asset Finance solutions can help you to finance a wide range of business assets- such as IT equipment machinery or vehicles- with deals tailored to fit your individual business requirements, whether you are a first time or regular user.

Deposit options can offer flexibility and accessibility, coupled with attractive interest rates and complete security. As your business grows, you may find that you have surplus cash and a deposit account gives you a place to hold funds in the short term. You will get a competitive return and your lump sum will be available when you need it.

EIB Loan Scheme for SME’s

Bank of Ireland has signed a loan facility with the European Investment Bank (EIB) to provide funding for SMEs in Northern Ireland.

This allows BOI to offer a discounted rate to customers who are looking for finance for an eligible purpose. The funding through an EIB loan can be used for many business growth opportunities such as purchase of an asset or covering the costs of research & development.

The aim of the fund is to provide new and existing businesses with the finance they need to develop and grow.

The EIB loan for SMEs offers you:

A term loan^* minimum term of 2 years
Flexible repayment terms
A discounted interest rate^**

Who can apply for an EIB loan?

Our EIB loan is available to:

New and existing Bank of Ireland business customers
SMEs in a wide range of sectors including industry, service and agriculture.
Autonomous SMEs with less than 250 employees
Borrowers must agree that:
- upon reasonable notice they will allow EIB representatives to inspect all sites, installations and works that comprise the project which is the subject of the EIB loan
- following a request by the EIB, we may give any information about the Facility, Project or Borrower to the European Investment Bank.

To find out more about the EIB loan contact your local business team.

*Lending criteria terms and conditions apply.
** Discount is based on the rate that would apply to standard term loan facilities offered to SMEs by Bank of Ireland without the EIB support. This discount is available for a 5 year period.

EnterpriseGuarantee Scheme

This is a government scheme to support us in lending to small and medium sized businesses to:

improve / increase the availability of working capital funding
support lending for business growth and development for sound business proposals

For further information contact your local business team or go to www.berr.gov.uk

We understand that your needs depends on the what stage your business is at. So whether you need assistance with day-to-day banking or more specialised financial help, one of our teams will be able to provide expert advice:

Bank of Ireland Business Centres

There are 9 business centres throughout Northern Ireland, and each one has a dedicated team committed to helping you get the most from your business. Contact your nearest team now and see how we can help you.

Business and Acquisition Finance

Bank of Ireland's specialised team is organised specifically to serve the Mid-Corpoate sector. Whether you're looking to take your business into new markets or expand into international trade, we have the experience to help make the transition as smooth as possible. Contact us today on 028 9043 3000.

Bank of Ireland Financial Services

Bank of Ireland Financial Services are Whole of Market Intermediaries, authorised and regulated by the FSA. We are not tied to any insurance or investment company but have access to the entire market place. Call us on 028 9043 3000 to arrange a meeting and we will obtain the background information on your company before coming up with specific recommendations.

Click here for more information on how to help your business

For more information, send us an email or contact your local business team

Please read our Guide to Banking for Business Customers - 76KB PDF Document.

Bank of Ireland

Main Menu

Growing Your Business