Business Loan

The success of local businesses matters to us and contributes to the community we both serve. From sole traders to limited companies, we have a business loan for your business journey.

Has your business been impacted by the economic consequences of the conflict in Ukraine? Check out the Ukraine Credit Guarantee Scheme (UCGS) we have to help
click here
Has your business been impacted by the economic consequences of the conflict in Ukraine? Check out the Ukraine Credit Guarantee Scheme (UCGS) we have to help
click here
7.99% Variable rate
Dedicated relationship manager
No arrangement fee
Loans from €500 to €500,000
Loan Calculator
Loan Type
Loan amount
Decrement Amount
Increment Amount
Loan term
Decrement Term
Increment Term
  • Weekly Total Repayments Interest
  • Monthly Total Repayments Interest
  • Fortnightly Total Repayments Interest

We now securely use Open Banking, making loan applications quicker & less hassle for you. Find out more about it here

The repayment amount quoted is for illustrative purposes only, to provide you with an overview of the potential cost of borrowing. Restrictions may apply. If you have salary deduction available to you due to your company's parnership with Savvi, your rate may be lower than calculated. Continue with application process & we will let you know.

How to apply for a business loan with Savvi

Our business lending team will be happy to discuss or arrange a meeting in respect of any proposed application for credit and guide you through the process.
Call us on 01 6325100 and ask to speak to our business lending team

Support - Call Centre
Details and important information
  • To be eligible for a Savvi business loan, an applicant must be a Small or Medium-Sized Enterprise, as defined by the SME Regulations. The purpose of the loan must be non-personal, and must be for a business, trade, or profession.
  • The refusal of a business loan application by Savvi Credit Union will not adversely affect your credit rating.
  • Business loan purpose includes but is not limited to:
    • Working capital requirements
    • Business tax/insurance
    • Stock purchase
    • Commercial premises purchase / improvement
    • Asset purchase: machinery, equipment, vehicles
    • R&D investment
A Guide for SME’s experiencing Financial Difficulties

At Savvi Credit Union, we understand that difficulties can arise from time to time. We are here to support you. If you are concerned about going into arrears on your loan or are already in arrears on your loan, please reach out to us at Out team will chat to you, gather some information, and work out a solution that is best for everyone. Below you will find a 6-step communication process for SME’s:

  1. Contact us as early as possible regarding the ‘financial difficulties’ which your business is encountering, particularly where such difficulties may impact on your ability to meet your loan repayment commitments.
  2. Tell us about any concerns you have in relation to the impact of any ‘financial difficulties’ on your business relationship with us.
  3. Promptly engage and fully co-operate with our team in attempting to find a possible solution.
  4. Provide relevant and reliable business information and documentation as requested by our team and within the timeframes specified to support our assessment of your situation in a timely manner.
  5. Complete any necessary documentation within the timeframes requested, as part of the assessment, again so that a timely assessment of your financial situation can be conducted.
  6. Review your progress with us regularly and advise us if your circumstances change.

Our SME information booklet is available here to download, or alternatively call us on 01-6325100 and a member of our team can send the booklet to you.

A typical business loan of €100,000 at an interest rate of 7.99% over a 5-year term will require 60 monthly payments of €2,027.46. The cost of credit is €21,643.16. The total amount repayable is €121,643.16. The level of security required will be determined by the amount, purpose & term of facility, in conjunction with the nature and value of the security being offered. Lending criteria, terms and conditions apply. Over 18s only.

Warning: If you do not meet the repayments on your credit facility agreements, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.

Warning: The cost of your repayments may increase.