Business Loans

Local businesses are the backbone of our communities in Fermoy, Watergrasshill and Cork City. We understand that every €10 spent in a local business generates more than €40 of benefiting the local community in terms of employment.

So, whatever stage your business is at, you may need a helping hand. If you do, we are here to CU through.

If you are a sole trader, a partnership or a limited company, talk to us about a great value, flexible business loan.

Because like you, we’re local.

Also if you have a current loan with another Financial Institution. you can switch it to your local Credit Union. Talk to us about how much we save you.

Benefits Of A Synergy Credit Union Business Loan

• Loans up to €100,000 unsecured.
• No need to be an existing Credit Union member.
• Decisions are made locally.
• Our loan application process is quick and efficient.
• Competitive interest rates with flexible repayment terms.
• Unsecured Loan interest rates as low as 6.75% APR.
• Grow your business – Allows you to invest in your business without affecting your cashflow.
• Interest is calculated on the reducing balance, so you pay less interest with each repayment.
• You are supporting your local Credit Union and community.

Our Business Loan Packages:

The Standard Business Loan:

The Standard Business Loan is ideal for those who need finance for an existing business or those who are starting up a new business.

Interest rate 7.95% (APR 8.25%). Loans up to €50,000 available. Max term is 10 years.

The SME Switcher Loan Package:

This loan product gives local businesses an opportunity to switch a business loan from a bank or any other lender to the Credit Union.

Interest rate 6.55% (APR 6.75%). Loans from €25,000 to €100,000. Max term is 15 years.

The Agri Finance Switcher Loan:

 An alternative source of credit for Farmers, Food Producers and Agribusinesses who want to switch their loans to their local Credit Union.

Interest rate 6.55% (APR 6.75%). Loans from €25,000 to €100,000. Max term is 15 years.

The Cultivate Farm Loan

A loan specifically designed for farmers. cultivate provides short to medium term loan opportunities built specifically around the growing needs of our farming members. Unsecured loans for all Agri projects and no need to be an existing member.

Interest rate 6.55% (APR 6.75%). Loans up to €75,000 available. Max term is 7 years.

Credit Unions are a not-for-profit movement and are fully committed to our members and our local community.

As a movement Credit Unions have been embedded in the local communities for over 60 years where all profits go back to support the community and the member.

This is one of the key reasons Credit Unions have been consistently rated number one in customer satisfaction surveys. We pride ourselves in our personal touch.

We are here for you.

Contact us today and let us help you grow your business. Our loans officers are here to talk you through your funding options.  

Email: loans@synergycu.ie

Freephone:   1800 272927

Website: www.synergycu.ie

We look forward to working with you and your business.