Insurance Premium Finance & PromptPay Finance

For Business Finance, AIB is the right choice.

Whether you're a limited company, partnership, sole trader or farmer, you know only too well how large annual once-off payments can put pressure on the day to day cashflow of any business and can prevent you from using that money for productive business purposes.

At AIB we have two short term finance products which enable you to spread the cost of large annual payments up to a period of 11 months, therefore improving your business cashflow. Minimum application of EUR5,000 required.

Insurance Premium Finance

Available for payment of general insurance premiums, including:

• Motor, Fire and Burglary
• Employer's, Public and Product Liability
• Professional or Medical Indemnity Insurance.

PromptPay

Available for large annual once off payments, including:

• Preliminary tax
• Pension contributions
• Commercial property rates
• Subscription fees to professional/trade associations
• Annual audit fees.

A Documentation fee of €63.49 applies to all loans. This fee will be charged with the first repayment.

The benefits for your business:

• Fixed rate of interest on your loan improves your business budgeting process as repayments are fixed for the full term  
• Credit decisions are made quickly with minimal paperwork  
• Simple to organise - either contact your local AIB branch or ask your AIB Asset Finance Representative
• In arranging your PromptPay and Insurance Premium Finance, we promise to deliver the highest professional and ethical standards in our dealings with you.

Important / Regulatory Notice

Lending criteria, terms and conditions apply. Credit facilities are subject to repayment capacity and financial status and are not available to persons under 18 years of age. Security may be required.

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