Eligibility

Loans are available to SMEs and Small Mid-Caps, as defined by EU Commission Recommendation 2003/361/EC:

  • SMEs: fewer than 250 employees, turnover up to €50m and/or balance sheet up to €43m
  • Small Mid-Caps: fewer than 500 employees, and not an SME

Businesses must be established in an EU Member State and operating in the Republic of Ireland. The loan’s purpose must also meet the InvestEU Sustainability Guarantee criteria: check eligibility via the link, or contact us to talk it through.

Loan Features

  • Loan size: €500,000 to €5,000,000
  • Term: Up to 10 years
  • Rate & repayment: Competitive rates, flexible terms tailored to the loan’s purpose
  • Structure: Typically senior debt; subordinated positions considered

Criteria

You can qualify under either category below.

1. Your business is sustainable

- Clean energy or climate-tech development (technology or IP)
- Green business: at least 90% of turnover from qualifying activities
- Verified environmental or climate impact through your business model
- Eco-label or environmental certification
- Cleantech or green award from an EU/national body

2. Your project or investment is sustainable

- Energy & mobility: renewable energy projects (solar, wind, ocean, geothermal), energy storage, energy efficiency upgrades, zero/low-emission mobility and infrastructure
- Circular economy: reuse, repair, refurbishment, recycling and waste reduction; green ICT and digital solutions supporting circular business models
- Buildings: renovations that improve energy or environmental certification
- Natural resources & resilience: water and biodiversity protection, pollution prevention, climate adaptation, sustainable agriculture, aquaculture and forestry

What is the BVP SME Debt Facility? 01

A flexible, non-dilutive loan for scaling Irish SMEs and Small Mid-Caps, delivered in partnership with the European Investment Fund and majority-funded by the Strategic Banking Corporation of Ireland (SBCI).

Who is eligible to apply? 02

SMEs (fewer than 250 employees, turnover up to €50m or balance sheet up to €43m) or Small Mid-Caps (fewer than 500 employees). Your business must be established in an EU Member State and operating in the Republic of Ireland, and the loan’s purpose must meet the InvestEU Sustainability Guarantee criteria.

How much can I borrow, and for how long? 03

Loans range from €500,000 to €5,000,000, with terms of up to 10 years and competitive, flexible repayment terms tailored to the purpose of the loan.

Is this debt or equity funding? 04

It’s debt, not equity, meaning it doesn’t dilute your ownership. It’s typically senior debt, though subordinated positions are considered.

What kinds of businesses or projects qualify under the sustainability criteria? 05

Either your business itself operates sustainably (e.g. clean energy/climate-tech, a certified green business, an eco-label holder), or the specific project you’re borrowing for is sustainable (e.g. renewable energy, energy efficiency, circular economy, green building retrofits, climate resilience).

How do I check if my business qualifies? 06

You can check using the EIF’s Sustainability Guarantee tool, or contact BVP directly to talk through your eligibility.

Make an Enquiry

These are illustrative examples, not an exhaustive list: other activities may qualify. Check your eligibility using the EIF’s Sustainability Guarantee tool, or contact us to talk through your business and funding needs.