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At PTSB, we’re here to help your business grow sustainably, while supporting you to have a positive impact.

That’s why we have launched our €250m Impact Lending Fund, providing finance for businesses and organisations investing in projects that deliver positive environmental or social benefits to society.

If you’re improving energy efficiency, adopting more sustainable ways of operating, or expanding a business that supports your community, you may be eligible to apply.

Our dedicated team of specialists will take the time to understand your plans and provide guidance tailored to your business and sector, giving you the confidence to invest in the sustainable growth of your business.

With competitive rates available, we’ll help find the right finance options to support your business plans.

 

Who can apply?

To be eligible, the loan must support an investment that delivers a positive environmental or social outcome aligned to the criteria set out in PTSB’s Impact Lending Principles.

Environmental projects may include:

Investments in renewable energy, improving energy efficiency, transitioning to low emission transport, adopting more sustainable farming practices, reducing waste through recycling and reuse.

Find out more

Social impact projects may include:

Expanding access to healthcare or education, supporting inclusive or female led businesses or strengthening local communities through job creation and economic development.

Find out more

During your application, we may ask you to provide evidence of how the funds will be used in line with the categories and eligible activities defined in our Impact Lending Principles.

Our team can talk you through our eligibility criteria and support you to find the right option for your business.

Features and Benefits

  • Borrow from €5,000
  • Long and short term loans
  • Competitive interest rates
  • Range of repayment options to suit your business needs

Note: An upfront facility fee of up to 1% of the loan amount may be charged at the discretion of the bank.

Warning: The cost of your repayments may increase.

Warning: You may have to pay charges if you repay early, in full or in part, a fixed-rate credit facility.

How to apply

If you are looking to apply or find out more:

You’ll be asked to fill out some forms and provide supporting documentation as part of your application. Our team will guide you through exactly what's needed, use our guide to find out more.

Important information
  • For information on how we process your application and how you can appeal credit decisions, visit our Business Lending Support section.
  • If you wish to repay your Term Loan early, either in full or in part, please contact your local branch or the Digital & Direct team to obtain the amount outstanding, including any interest due up to the repayment date.

Lending criteria, terms and conditions apply. Variable interest rates apply and are subject to change. Fixed rate also applies to Commercial Mortgages only. Please see our Terms and Conditions and Personal & Business banking charges booklets for full details. Approval is subject to repayment capacity assessment and other lending criteria. Security may be required, which may incur legal costs for the borrower. Your credit rating with PTSB may also be impacted where you have previously been refused an application for credit with PTSB.

For information on Term Lending 

For information on Commercial Mortgages 

Impact Lending Principles

Find out more about our Impact Lending Principles

Government Support

Business owners will find a range of supports to help manage and grow their business.

Support in financial difficulty guide

This guide provides information on the range of banking supports available to SMEs, both through the recovery, and beyond into the future.

Business Support

Read the Guide for Micro & Small Enterprises and Guarantors: Regulations on Lending to Small & Medium-Sized Enterprises published by the Central Bank of Ireland.

Contact our Business Banking Team

Our dedicated team of Business Banking Managers are available to meet in person, at a business premises, over the phone, and through our nationwide branch network.

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