Funding for Founders: AIB’s New Green Loan to Support Purpose-Led Growth
Helping You Build a Greener, More Resilient Business and plan for the future.
At AwakenHub, we know that building a sustainable business isn’t just about profit—it’s about purpose, people, and long-term impact. That’s why we’re spotlighting AIB’s new green loan: a practical funding option designed to help founders invest in their business and their communities. If you’re exploring ways to green your business, this loan could be one part of a bigger strategy. Pair it with AIB’s sustainability guides or connect with fellow founders in AwakenHub to share ideas and progress.
As a leader in sustainable finance, AIB has launched a new green loan to help businesses transition to a low carbon economy. The low-rate Business Sustainability Loan, is available to all businesses including farmers, clubs, trusts and charities seeking to green their operations.
The highly competitive loan is available at a variable interest rate of 4.95% for amounts between €2,000 and €100,000, for each eligible loan purpose and is repayable over terms of between one and seven years. Flexible repayment options are also available so you can focus on growing your business.
The loan aims to support businesses investing in green and transition measures including renewable energy systems, forestry, green buildings (commercial and residential), zero emission vehicles, circular economy and waste management. All of which could help you to reduce costs for your business.
The new product is in addition to SME sector specific support and sustainability expertise to support you in your business to engage with sustainability.
AIB’s Managing Director, Retail Banking, Geraldine Casey said “SMEs are the backbone of the Irish economy, and we know our customers are working hard to transition their businesses to become greener. As part of our Customer First strategy, AIB is committed to ensuring we offer the best products including this new low-cost green and transition business loan, in a convenient way, so customers can focus on what matters most to them by investing in the future of their business and by extension, their communities. Greening your business can help reduce costs, drive efficiencies and competitiveness, attract new customers and staff, and, vitally, protect businesses against future climate risks. AIB is proud to be a bank that’s central to the success of the Irish economy and the local communities that underpin it. Our team of business advisors provide a full range of products online, over the phone and through our 170 strong branch network, in communities we are embedded in across the country.”
Support for Busy Founders: Simple, Fast Application
Recognising that time is valuable for businesses, the new product can be processed quickly and conveniently. Applications can be made in branch, via advisors or on the phone, with quick decisioning and e-signing.
Beyond the Loan: Practical Sustainability Tools & Advice
In addition to the new low cost Business Sustainability Loan, AIB offers businesses support through its Steps to Sustainability Programme which provides an easy to follow online guide to help you to develop a tailored sustainability plan for your business.
AIB also provides specific help and sustainability expertise from its advisors in communities around the country, as well as a practical online course and sector specific guides which delve deeper into the actions that businesses in different sectors can take to green their business and ultimately save money.
For more on AIB’s new Business Sustainability Loan, see www.aib.ie/sustainabilityloan
For more on AIB’s Steps to Sustainability, see Steps to Sustainability Programme
Ways You Can Use This Loan to Green Your Business Loan requests for eligible green or transition to green purposes are outlined below, including essential ancillary costs up to a maximum of €100,000 for a single loan purpose.
