What is SBCI?

SBCI (Strategic Banking Corporation of Ireland) is a Government initiated State Agency created to provide access to discounted funding to Irish SMEs and farmers through partnerships with Irish Banks and other approved On-Lenders. Further details are available on the SBCI website: www.sbci.gov.ie

If you have big plans for your Farm or Agri SME business, the SBCI and First Citizen Agri Finance can help you fund them.

A new, strategic SME Funding Company, the SBCI’s goal is to ensure access to flexible funding for Irish Agri SMEs by facilitating the provision of:

  • Flexible products to enable Asset Financing, subject to credit approval
  • Lower cost funding to selected On-Lenders, including First Citizen Agri Finance, which is then passed on to the borrower.
  • Market access for new entrants, thus helping create real competition and choice for the borrower.

The SBCI in turn is supported by funding from the European Investment Bank (EIB), KfW the German promotional bank and the Ireland Strategic Investment fund (ISIF).

First Citizen Agri Finance and the SBCI are teaming up to provide an initial fund of €50m to facilitate the financing of Agri assets and equipment eg. tractors, trailers, combine harvesters, balers etc. First Citizen Agri Finance must demonstrate that the financial advantage arising from the SBCI funding is passed onto the Agri User, ie. you, the Customer. This benefit will be demonstrated clearly on the Finance Agreement that you sign.

SBCI and GDPR (General Data Protection Regulation) 

For information on how the SBCI handles personal data, including information about your data protection rights (in respect of the SBCI) and the contact details of the SBCI’s data protection officer, please refer to the SBCI’s data protection statement which is available at: https://sbci.gov.ie/


Get Your SBCI Proposal Form Here

There are a number of ways you can kick off your finance application with us for your Agri Asset purchase: 

1. You could print off this form, complete it and return it to us. 

2. Get in touch with us today using our online contact form

3. Call us on 01 884 6700 or get in touch directly with a First Citizen Agri Representative from your area


As the SBCI is a State agency providing support by way of discounted interest rates, State Aid may be applicable. Where this occurs borrowers will be advised. Borrowers must complete an SBCI application form prior to the purchase of the asset.

The provision of funding for Agricultural Equipment Contracts is being made under EU Agricultural Block Exemption Regulations (ABER) rules which permit the provision of State Aid to borrowers who satisfy certain requirements: information on the State Aid requirements for the Agricultural Equipment Contracts are available at http://sbci.gov.ie.

Please note that the finance amount is not the amount of State Aid.

The information provided by borrowers to First Citizen Agri Finance as part of the application process must be disclosed to the SBCI for the purpose of determining eligibility for the AILS Agricultural Equipment Contract. All information provided may be disclosed by the SBCI to its funders, EU and State bodies. Under the AILS Scheme, the SBCI may post information on it’s website about you, the borrower, the SBCI-funded project, and the facility. If you decide to proceed with the application for credit, you consent to the transfer and use of your information in this manner. The SBCI may also correspond directly with you from time to time.