Frequently Asked Questions SME & Agri Finance

Some of our common questions

Answers to the most frequently asked questions about our SME Agri Finance products and services.

Information for SMEs

What information do we require to assess your application?

Supporting information will be requested from the applicant by Finance Ireland Agri. This may include banking information, financial information and a Business Plan. Where a Business Plan is requested it should contain an overview of the SME, its management, markets, and historic and forecast financial information.

How long does an assessment take?

For an application for asset finance, where we have received all the required information we aim to make a decision within five business days. The decision on an assessment for the MilkFlex product will be made within twelve business days from the date of receipt of all required information. In the event that we decline your application it will not result in a negative impact on your credit record.

Can we meet with you to discuss a proposed application?

You are entitled to request a meeting with us to discuss any proposed application for credit.

What security do we take?

For asset finance we may seek security beyond the asset being financed. Such security may include Indemnities, Guarantees and/or charges over Assets. Details of any security required will be communicated to you. A MilkFlex loan does not require security over assets.

Do we have a process for SMEs in Financial Difficulties?

Yes, please see the Information Booklet for SMEs in Financial Difficulties located in our Useful Forms & Downloads section.