Finance Scheme
The Law Society is partnered with Bank of Ireland as an exclusive provider of a finance facility for members and firms who wish to finance payment for their professional indemnity insurance, practising certificates, preliminary tax or pension contributions.
This agreement is in place until 1 March 2024.
Bank of Ireland can provide short term finance for up to 11 months to members and firms. You must have a proven credit track record and meet standard lending criteria, so the cost of large annual payments can be spread up to 11 months.
The scheme offers a highly competitive unsecured rate and has a minimum loan amount of €1,000. Repayments vary depending on amount borrowed. To account for ongoing interest rates, Bank of Ireland has created a dedicated webpage to view the latest rates for Law Society members and borrowing examples.
Bank of Ireland has a team of experienced business bankers who are familiar with lending to solicitors and their local business team welcome an opportunity to talk to you about your financial needs.
To apply for a loan today, simply apply online at www.bankofireland.com/businessloans. To complete the lending application form you will need up-to-date financial information. As with all borrowing, normal lending criteria and terms and conditions apply.
You can contact the dedicated Business Direct Line on 0818 210 614 (option 3) or email businesslending@boi.com.
For general queries you can contact the Law Society of Ireland at financescheme@lawsociety.ie.
