{"id":7153,"date":"2021-03-04T10:41:49","date_gmt":"2021-03-04T10:41:49","guid":{"rendered":"https:\/\/www.sage.com\/en-ie\/blog\/?p=7153"},"modified":"2026-07-23T14:24:30","modified_gmt":"2026-07-23T13:24:30","slug":"brexit-loan-scheme-how-to-apply","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-ie\/blog\/brexit-loan-scheme-how-to-apply\/","title":{"rendered":"Brexit loan scheme: How it works and how your business can apply"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--standard entry-header--has-illustration entry-header--has-illustration--standard\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-ie\/blog\/category\/strategy-legal-operations\/\" class=\"entry-header__link\">Strategy, Legal &amp; Operations<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tBrexit loan scheme: How it works and how your business can apply\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\tFind out about the Brexit loan scheme, which has been extended to December 2021. It could help if your business has been affected by Brexit.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \">Published <time class=\"entry-date published\" datetime=\"2021-03-04T10:41:49+00:00\">4 March, 2021<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"Brexit loan scheme: How it works and how your business can apply\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-ie\/blog\/brexit-loan-scheme-how-to-apply\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-ie\/blog\/author\/ruthdoris\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2019\/10\/Ruth-Doris-350x350.jpg\" class=\"entry-author__image\" alt=\"\" srcset=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2019\/10\/Ruth-Doris-350x350.jpg 350w, https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2019\/10\/Ruth-Doris.jpg 560w\" sizes=\"auto, (max-width: 40px) 100vw, 40px\" \/>\t\t\t\t<span class=\"entry-author__name\">Ruth Doris<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The Brexit loan scheme was set up on 3 April 2018 to support Irish businesses that trade in the UK and which were likely to be adversely affected by the UK&#8217;s withdrawal from the European Union (EU) on 31 January 2020.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The scheme is managed by the Strategic Banking Corporation of Ireland (SBCI) in partnership with the Department of Enterprise, Trade and Employment and the Department of Agriculture, Food and the Marine and supported by the InnovFin SME Guarantee Facility as part of the EU&#8217;s Horizon 2020 programme.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The objective of the \u20ac300m scheme is to provide financial support to eligible Irish businesses to allow them to adapt their businesses to address the challenges caused by <a href=\"https:\/\/www.sage.com\/en-ie\/blog\/customs-and-vat-after-brexit\/\">Brexit<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the <a href=\"https:\/\/www.oireachtas.ie\/en\/debates\/question\/2021-02-10\/18\/?highlight%5B0%5D=brexit&amp;highlight%5B1%5D=loan&amp;highlight%5B2%5D=scheme\">latest figures<\/a> on the scheme (as of 25 January 2021) 1,232 application have been received and 285 loans approved to a total value of \u20ac57.64m.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The SBCI has recently extended the scheme to 31 December 2021 (it was previously due to end on 31 March 2021).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This article will give small and medium-sized businesses advice on the scheme, what it is, when it ends, how it works, eligibility criteria and how to apply for a loan under the scheme.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We cover the following topics:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#what-anchor-link\">What is the Brexit loan scheme?<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#purpose-anchor-link\">Purpose of the loan<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#when-anchor-link\">When does the scheme end?<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#eligibility-anchor-link\">Eligibility for the scheme<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#alternative-anchor-link\">Alternative financial support if not eligible<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#how-anchor-link\">How to apply for the Brexit loan scheme<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#additional-anchor-link\">Additional documentation required<\/a><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"#gate-22eaecb8-922f-4375-9c86-3ce8792a98f0\">Download your free guide, 7 ways to take control of your business, and take steps now to master your business admin <\/a><\/div>\n<\/div>\n\n\n\n<h2 id=\"what-anchor-link\" class=\"wp-block-heading\">What is the Brexit loan scheme?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If your business needs financial support to manage cash flow post-Brexit or to <a href=\"https:\/\/www.sage.com\/en-ie\/blog\/eori-number-apply-trade-uk-brexit\/\">adapt your business processes<\/a> to meet the new challenges presented since the Brexit transition period ended on 31 December 2020, you may be eligible to access funding via the scheme.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The scheme offers low-interest rate loans to Irish businesses that meet specific criteria through the participating lenders: AIB, Bank of Ireland and Ulster Bank.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The features of the scheme are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Low-interest rates with a maximum fixed rate of 4% per annum<\/li>\n\n\n\n<li>Amounts available from \u20ac25,000 to \u20ac1.5m with terms from one to three years<\/li>\n\n\n\n<li>Unsecured loans are offered up to \u20ac500,000<\/li>\n\n\n\n<li>No penalty fees for early repayments<\/li>\n\n\n\n<li>Interest-only repayments may be available at the start of the loan term.<\/li>\n<\/ul>\n\n\n\n<h2 id=\"purpose-anchor-link\" class=\"wp-block-heading\">Purpose of the loan<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The loan must be for one of two purposes:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1.<\/strong> To fund future working capital requirements<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2.<\/strong> To invest in innovation, changes or adaptations of your business to lessen the impact of Brexit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The loan must not be for the following:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Refinancing of companies experiencing financial difficulties<\/li>\n\n\n\n<li>Refinancing of debt, including leases, hire purchases and term loans.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Note: If your business has already availed of State-supported funding, the loan amount may be affected as loan amounts and terms are subject to De Minimis rules, which provides for a threshold of \u20ac200,000 in State aid in any three-year period.<\/p>\n\n\n\n<h2 id=\"when-anchor-link\" class=\"wp-block-heading\">When does the scheme end?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The scheme&#8217;s availability period has recently been extended to December 2021 and the SBCI is engaging with the provider banks about the extension of the scheme.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It was originally designed to run until 31 March 2020 and was extended in 2020 until 31 March 2021.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"#gate-22eaecb8-922f-4375-9c86-3ce8792a98f0\">Download your free guide, 7 ways to take control of your business, and take steps now to master your business admin <\/a><\/div>\n<\/div>\n\n\n\n<h2 id=\"eligibility-anchor-link\" class=\"wp-block-heading\">Eligibility for the scheme<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Your business must be viable and fall into one of the following categories: micro, small, medium or small mid-cap enterprise.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">(Micro businesses have fewer than 10 employees, SMEs have fewer than 250 employees and a turnover of less than \u20ac50 million. Small mid-cap companies have fewer than 500 employees.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The following are excluded from the scheme:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Companies operating in primary agricultural or aquaculture are ineligible.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Enterprises that are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>In financial difficulty (this condition excludes cash flow issues directly caused by Brexit)<\/li>\n\n\n\n<li>Are bankrupt, winding up or in administration by a court<\/li>\n\n\n\n<li>Has entered into creditor arrangements in the preceding five years related to bankruptcy or winding up, etc<\/li>\n\n\n\n<li>Convicted of professional misconduct, including fraud or involving criminal activity.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">To qualify for the scheme, SMEs and small mid-caps must meet one each of the Brexit criteria outlined below and one of the Innovation criteria.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Brexit criteria:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your business must export products, services or raw materials to and from the UK (including Northern Ireland), and the value of the exports must be at least 15% of turnover.<\/li>\n\n\n\n<li>Your business must import products, services or raw materials to and from the UK (including Northern Ireland), and the value of the imports must be at least 15% of turnover.<\/li>\n\n\n\n<li>Your combined value of imports and exports must be at least 15% of turnover.<\/li>\n\n\n\n<li>Your business trades with a company directly affected by Brexit, and transactions with that company are equal to at least 15% of your turnover.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The Innovation criteria:<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/sbci.gov.ie\/products\/brexit-loan-scheme\">Under the scheme<\/a>, businesses that fulfil the Brexit criteria must also meet one of 11 Innovation criteria.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These include expenditure on research and innovation as a proportion of operating costs, development of new product and entry into new markets.<\/p>\n\n\n\n<h2 id=\"alternative-anchor-link\" class=\"wp-block-heading\">Alternative financial support (if not eligible)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If your business does not meet the eligibility requirements under the SBCI Brexit loan scheme, other funding options are available. Here are some examples.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Microfinance Ireland Brexit Business Loan<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Loans of \u20ac5,000 to \u20ac25,000 for terms between six months to three years are available for small businesses with fewer than 10 employees and an annual turnover of up to \u20ac2m for businesses that have:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Experienced or are likely to experience a 15% or more fall in turnover or<\/li>\n\n\n\n<li>Are experiencing a short-term cash flow.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Businesses must be unable to access funding from banks and other commercial lending providers,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Interest rates are 4.5% (for referrals through Local Enterprise Office) or 5.5% for direct applications.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.sage.com\/en-ie\/blog\/coronavirus-financial-support-business\/#future-anchor-link\">Future Growth Loan Scheme<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This scheme set up in June 2019 to assist companies with challenges posed by Brexit is also operated by the SBCI.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It&#8217;s open to viable micro, small and medium-sized enterprises and small mid-cap enterprises to businesses in the primary agriculture (farmers) and seafood sectors to support long-term strategic investment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Loan amounts are from \u20ac100,000 to \u20ac3m with terms from eight to 10 years and interest rates from 3.5% to 4.5%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Note: AIB, Bank of Ireland, Permanent TSB and Ulster Bank have been fully subscribed and are no longer accepting applications under the Future Growth Loan Scheme.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">KBC Bank and newly joined Close Brothers (announced in February 2021) are still accepting loan applications from eligible businesses.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.localenterprise.ie\/Discover-Business-Supports\/Financial-Supports\/LEO-Financial-Supports-Brochure1.pdf\">Local Enterprise Grants<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Financial support is available from your Local Enterprise Office for qualifying company and startups to assist with Brexit challenges.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The grants available are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Technical Assistance for Micro Exporters \u2013 for companies with 10 or fewer employees to help them explore and develop new market opportunities<\/li>\n\n\n\n<li>Priming Grants \u2013 for businesses trading for less than 18 months<\/li>\n\n\n\n<li>Business Expansion Grants \u2013 for businesses trading for more than 18 months<\/li>\n\n\n\n<li>Feasibility Study Grants \u2013 to cover costs of researching a business idea.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/intertradeireland.com\/brexit\/funding\/voucher\">InterTrade Ireland Brexit Voucher<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Under this scheme, InterTrade Ireland provides up to \u20ac2,250 for professional advice from an approved service provider panel to businesses concerning Brexit, including the movement of goods, services and labour and currency exchange.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The scheme is open to businesses on the island of Ireland that trade with Ireland or Northern Ireland. Companies must have less than 250 employees and less than \u20ac50m annual turnover.<\/p>\n\n\n\n<h2 id=\"how-anchor-link\" class=\"wp-block-heading\">How to apply for the Brexit loan scheme<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Read the <a href=\"https:\/\/sbci.gov.ie\/products\/brexit-loan-scheme\">Eligibility Criteria<\/a> to assess your eligibility for a loan under the Brexit loan scheme.<\/li>\n\n\n\n<li>Submit an Eligibility Application Form to the SBCI.<\/li>\n\n\n\n<li>If you are eligible for the scheme, the SBCI will send you a confirmation letter with an eligibility code.<\/li>\n\n\n\n<li>When applying for a loan to a participating financial institution, you must provide the eligibility confirmation letter and code.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Note: loan approval is subject to the lender&#8217;s terms and conditions.<\/p>\n\n\n\n<h2 id=\"additional-anchor-link\" class=\"wp-block-heading\">Additional documentation required<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If your business qualifies for a loan under the scheme, the next step is to contact one of the three participating banks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When submitting a loan application, you must include a current business plan. A business plan template is available on the SCBI website.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additional information is required if your business falls under specific innovation criteria categories, For further details visit the SBCI&#8217;s <a href=\"https:\/\/sbci.gov.ie\/products\/brexit-loan-scheme\">website<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Final thoughts<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If your business is struggling to navigate the post-Brexit environment, it makes sense to seek advice and find out what financial supports are available.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To find out more about your funding options and supports, contact your Local Enterprise Office or financial provider.<\/p>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">7 ways to take control of your business<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Want to know how you can boss it at your business? Read this guide for top tips to help you master your business admin and truly take control.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-22eaecb8-922f-4375-9c86-3ce8792a98f0\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download your free guide<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2022\/04\/GettyImages-1289906599-1440x810.jpg\" class=\"single-cta__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2022\/04\/GettyImages-1289906599-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to the Sage Advice newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Join 1.5 million subscribers and get the best business admin strategies and tactics, as well as actionable advice to help your company thrive, in your inbox every month.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-53abbdcc-410c-4c8c-bf97-ca5c6982eebd\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe now<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"999\" height=\"666\" src=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2021\/04\/z.5E3A0481_All-Uses.jpg\" class=\"single-cta__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2021\/04\/z.5E3A0481_All-Uses.jpg 999w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n<section class=\"more-topics alignfull has-grey-light-background-color wp-block-sage-post-topics\">\n\t<div class=\"container\">\n\t\t<div class=\"row\">\n\t\t\t<div class=\"col col-12 col-lg-4\">\n\t\t\t\t<h3 class=\"more-topics__title h2\">Browse more topics from this article<\/h3>\n\t\t\t<\/div>\n\t\t\t<div class=\"col col-12 col-lg-8\">\n\t\t\t\t<ul class=\"post-tags__list\">\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-ie\/blog\/tag\/brexit-business\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tBrexit and business\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-ie\/blog\/tag\/business-finances\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tBusiness finances\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-ie\/blog\/tag\/government-funding\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tGovernment funding\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n\n<div class=\"alignfull wp-block-sage-related-posts\">\n\t<section class=\"related-posts card-grid has-dark-background-color\">\n\t<div class=\"container\">\n\t\t\t\t\t<div class=\"row\">\n\t\t\t\t<div class=\"col\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--featured h1\">Explore more wisdom<\/h2>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"row related-posts__featured\">\n\t\t\t\t<div class=\"col card-grid__item\">\n\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-0 post-17843 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-business-finances tag-business-planning tag-business-strategy business_type-small-business business_type-medium-sized-business card-post--is-clickable\"\n>\n\t<div class=\"card-post__media-wrapper\">\n\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1215\" height=\"810\" src=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2023\/09\/GettyImages-1478370853-1215x810.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2023\/09\/GettyImages-1478370853-684x384.jpg 684w, https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2023\/09\/GettyImages-1478370853-768x512.jpg 768w, https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2023\/09\/GettyImages-1478370853-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\t<\/div>\n\n\t<div class=\"card-post__content\">\n\t\t\t\t\t<div class=\"card-post__label\">Recommended<\/div>\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-04-10T10:37:52+01:00\">10 April, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">11 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h3\">\n\t\t\t\t\t\t\t<a\n\t\t\t\t\tclass=\"card-post__title-link\"\n\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-ie\/blog\/budget-forecasting\/\"\n\t\t\t\t>\n\t\t\t\n\t\t\tHow to create accurate budget forecasts: Methods, tools, and real-world examples\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\n\t\t\n\t\t\t\t\t<p class=\"card-post__description\">\n\t\t\t\tA budget forecast is crucial for any business, especially when facing uncertainty such as unexpected tariffs or market shocks. In this guide, we cover key methods and processes for effective budget forecasting, complete with practical examples.\t\t\t<\/p>\n\t\t\n\t\t\t<\/div>\n\n\t<\/article>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t\t\t\t<div class=\"row related-posts__non-featured\">\n\t\t\t\t<div class=\"col col-12\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--more h4\">More on this Topic<\/h2>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-1 post-17838 post type-post status-publish format-standard has-post-thumbnail hentry category-free-guides-templates category-money-matters tag-business-finances tag-ecommerce tag-electronic-payments business_type-small-business business_type-medium-sized-business industry-ecommerce\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-ie\/blog\/guide-to-subscription-billing\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2022\/04\/GettyImages-1154410198-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2022\/04\/GettyImages-1154410198-684x384.jpg 684w, https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2022\/04\/GettyImages-1154410198-768x432.jpg 768w, https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2022\/04\/GettyImages-1154410198-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t<svg role=\"presentation\" aria-hidden=\"true\" focusable=\"false\" width=\"24\" height=\"24\" class=\"card-post__meta-icon svg-icon\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 24 24\"><path d=\"M11.988 2.989a.75.75 0 0 0-.739.761v10.689l-1.72-1.72a.75.75 0 0 0-.957-.099.75.75 0 0 0-.315.776c.031.146.104.28.211.384l3 3a.75.75 0 0 0 1.06 0l3-3a.76.76 0 0 0 .231-.533.74.74 0 0 0-.22-.538q-.108-.106-.247-.164c-.139-.058-.191-.057-.291-.056s-.198.022-.29.061-.174.097-.243.169l-1.72 1.72V3.75a.76.76 0 0 0-.22-.541.76.76 0 0 0-.542-.22zM5.75 8.5C4.24 8.5 3 9.74 3 11.25v7C3 19.76 4.24 21 5.75 21h12.5c1.51 0 2.75-1.24 2.75-2.75v-7c0-1.51-1.24-2.75-2.75-2.75h-3a.76.76 0 0 0-.537.216.74.74 0 0 0-.223.535.76.76 0 0 0 .223.535.74.74 0 0 0 .537.216h3c.699 0 1.25.551 1.25 1.25v7a1.24 1.24 0 0 1-1.25 1.25H5.75a1.24 1.24 0 0 1-1.25-1.25v-7c0-.699.551-1.25 1.25-1.25h3a.76.76 0 0 0 .537-.216.74.74 0 0 0 .223-.535.76.76 0 0 0-.223-.535.75.75 0 0 0-.537-.216z\" \/><\/svg>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-04-10T10:12:46+01:00\">10 April, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">12 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tA guide to subscription billing\u00a0\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-2 post-17836 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-bookkeeping tag-business-finances tag-payments business_type-small-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-ie\/blog\/accounts-payable-management-best-practices\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2023\/09\/GettyImages-1400801126-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2023\/09\/GettyImages-1400801126-684x384.jpg 684w, https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2023\/09\/GettyImages-1400801126-768x512.jpg 768w, https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2023\/09\/GettyImages-1400801126-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-04-10T09:25:32+01:00\">10 April, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">7 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tAccounts payable management best practices\u00a0\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-3 post-17791 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-business-finances tag-cash-flow tag-payments business_type-small-business business_type-medium-sized-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-ie\/blog\/invoice-factoring\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2023\/09\/GettyImages-1409751960-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2023\/09\/GettyImages-1409751960-684x384.jpg 684w, https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2023\/09\/GettyImages-1409751960-768x513.jpg 768w, https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2023\/09\/GettyImages-1409751960-1214x810.jpg 1214w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-04-09T16:16:52+01:00\">9 April, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">9 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tWhat is invoice factoring?\u00a0\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-4 post-15901 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters category-people-leadership tag-bookkeeping tag-business-finances tag-hr-process tag-hr-processes-medium-businesses tag-payroll tag-tax business_type-small-business business_type-medium-sized-business business_type-accountants\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-ie\/blog\/payroll-changes-irish-employers\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2022\/04\/GettyImages-1192884896-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2022\/04\/GettyImages-1192884896-684x384.jpg 684w, https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2022\/04\/GettyImages-1192884896-768x432.jpg 768w, https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2022\/04\/GettyImages-1192884896-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-01-30T10:42:44+00:00\">30 January, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">6 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tPayroll changes for Irish employers to know about in 2026\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Find out about the Brexit loan scheme, which has been extended to December 2021. It could help if your business has been affected by Brexit.<\/p>\n","protected":false},"author":918,"featured_media":6814,"menu_order":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"sage_hide_published_date":false,"sage_hide_read_time":false,"sage_hide_share_buttons":false,"_pwl_sage_podcast_buzzsprout_src":"","footnotes":""},"categories":[163,165],"tags":[106,107,128],"business_type":[5,4,2],"lilypad":[],"context":[],"industry":[],"persona":[232],"imagine_tag":[177,245,212,230],"coauthors":[387],"class_list":["post-7153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-matters","category-strategy-legal-operations","tag-brexit-business","tag-business-finances","tag-government-funding","business_type-small-business","business_type-medium-sized-business","business_type-accountants"],"sage_meta":{"region":"en-ie","author_name":"Ruth Doris","featured_image":"https:\/\/www.sage.com\/en-ie\/blog\/wp-content\/uploads\/sites\/13\/2020\/07\/SmartDeploy_2019_Intacct_0588.jpg","imagine_tags":{"177":"Accountants","245":"Brexit","212":"Mid-sized business","230":"Small business"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice Ireland","distributor_original_site_url":"https:\/\/www.sage.com\/en-ie\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/posts\/7153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/users\/918"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/comments?post=7153"}],"version-history":[{"count":2,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/posts\/7153\/revisions"}],"predecessor-version":[{"id":18363,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/posts\/7153\/revisions\/18363"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/media\/6814"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/media?parent=7153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/categories?post=7153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/tags?post=7153"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/business_type?post=7153"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/lilypad?post=7153"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/context?post=7153"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/industry?post=7153"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/persona?post=7153"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/imagine_tag?post=7153"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-ie\/blog\/api\/wp\/v2\/coauthors?post=7153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}