BusinessFinancing.co.uk

Compare Business Bank Accounts & Loans

In partnership with:
NerdWallet and Tide

Allied Irish Business Bank Loans & Funding


Last Updated: 8 January 2025
Reviewed By: Ian Wright (Managing Director)

Sections

Toggle
  • Allied Irish Bank Loans and Funding User Reviews
    • Review Summary
    • Recent Reviews
    • Submit a Review
  • Allied Irish Bank Loans and Funding Options
    • Business Loans
    • Business Overdrafts
    • Asset Finance
  • Allied Irish Bank Loans and Funding Eligibility
  • Allied Irish Bank Loans and Funding Rates
  • Allied Irish Bank Loans and Funding Calculator
  • Allied Irish Bank Loans and Funding Reviews
  • How To Apply For Allied Irish Bank Loans and Funding?
  • Pros
  • Cons

Allied Irish Bank Loans and Funding User Reviews

Review Summary

0.0
0.0 out of 5 stars (based on 0 reviews)
Excellent0%
Very good0%
Average0%
Poor0%
Terrible0%

Recent Reviews

There are no reviews yet. Be the first one to write one.

Submit a Review

​

Allied Irish Bank is an Irish bank that is the fourth largest in Ireland and has headquarters in Dublin. They have branches across the world and have offices in London. Allied Irish Bank offers a variety of personal and business banking and finance products. Their business products include current accounts, savings, credit cards, merchant services, loans and asset finance.

Allied Irish Bank loans and finance

Allied Irish Bank Loans and Funding Options

Allied Irish Bank offers a variety of business finance products that are tailored to meet a range of business finance needs. These products include:

Business Loans

Allied Irish Bank offers flexible and competitive business loans that can be used to fund growth, replace other credit facilities and increase working capital. Loans up to £25,000 have a representative APR of 8.1% and loans over this amount are tailored. Arrangement fees and an early redemption fee may apply.

Business Overdrafts

Allied Irish Bank offers overdrafts to business current account customers that is versatile and easy to use. They offer tailor-made terms and cost-effective lending with rates of 6.24% EAR (variable) representative on overdrafts up to £25,000.

Asset Finance

Allied Irish Bank offers asset finance packages that allow you to buy or upgrade equipment, plant and machinery or vehicles such as commercial vehicles, HGVs, trailers, buses, coaches and cars in a cost-effective and tax-efficient way. Borrow from £25,000 which can be typically spread over 3 to 5 years on a choice of a fixed or variable rate of interest.

Allied Irish Bank Loans and Funding Eligibility

To apply for a business loan or overdraft your business must be incorporated and registered in the UK.

Allied Irish Bank Loans and Funding Rates

  • Business loans up to £25,000 have an 8.1% APR representative rate plus arrangement fees.
  • Business overdrafts up to £25,000 have a 6.24% EAR (variable) representative rate and an arrangement of normally 1.5% (minimum £500) applies.
  • No rates or charges are available for asset finance

Allied Irish Bank Loans and Funding Calculator

Allied Irish Bank doesn’t have any funding calculators.

Allied Irish Bank Loans and Funding Reviews

The reviews for Allied Irish Bank are poor with low ratings on two of the review sites and mixed reviews on the other. The reviews cover all of their products for both personal and businesses so may not be reflective of the service on these products.

Trustpilot has the largest number of reviews and 84% of reviewers rate them as bad. The reviewers’ comments include poor customer service due to long waiting times, difficulties contacting them and issues with the app. Positive comments include good customer account management experience and customer service.

Review Centre only has 4 reviews which are fairly low rated and has some mixed reviews with some positive experiences and some negative regarding their customer experiences using their bank account and internet banking.

Smart Money People reviews are overall more positive with reviews mentioning business products and being supportive.

Trustpilot – 1.4/5 (based on 294 reviews)
Google Reviews – no reviews
Reviews.co.uk – no reviews
Review Centre – 2.1/5 (based on 4 reviews)
Smart Money People – 3.54/5 (based on 13 reviews)

How To Apply For Allied Irish Bank Loans and Funding?

If you want to apply for a business finance product from Allied Irish Bank you can call them on 0345 600 5204 or visit a branch.

Pros

  • Established high street bank
  • Provides a range of business products

Cons

  • Only offers a limited range of finance products
  • Limited branches in the UK after closing most branches down in 2021
  • Poorly rated on customer reviews

Website: Allied Irish Bank Business Finance

Disclaimer: Businessfinancing.co.uk is a business finance and lending research and information website publisher. We are not a lender, bank, broker and/or other financial institution and as such we are not authorised or regulated by the FCA to offer financial advice. We can't recommend any of the products and/or services featured on the site. Companies are ranked in no particular order and higher ranking does not imply one company is better than another. We work with FCA authorised and regulated firms who may pay us a commission for referring you to them but this has no impact on our content and helps keep this website free to use.



business bank account

Compare Top 49 UK Business Bank Accounts In 2025

free business banking

17 Best Free Business Bank Accounts In The UK For 2025

7 Easy To Open Business Bank Accounts With No Credit Check

Top 14 UK Business Accounts With Overdraft

31 Best UK Business Savings Accounts Rates Up To 5.25%

Top 33 Sole Trader Bank Accounts In The UK

Top 17 Business Credit Cards In The UK For 2025

21 Best UK Prepaid Business Expense Cards

Best Business Bank Accounts · Free Business Bank Accounts · Business Savings Accounts · Business Credit Cards
Blog · About Us · Contact US · Privacy Policy · Terms of Use
Copyright © 2025 BusinessFinancing.co.uk

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224