The COVID-19 Jobs Support Loan is to be repaid in full within the 10 year term. The interest rate of 2.50% is set for the term of the loan and there are no fees charged if you make advance payments or repay the loan in full within the term.
Additional payments: to reduce the balance and save on interest charges. Your QRIDA team will be in touch to discuss your options
Change of officeholders and shareholders: please notify QRIDA of any changes to directors, trustees, other officeholders and shareholders.
Change your bank account details: it’s important to advise QRIDA immediately of any changes to your business bank account details. QRIDA will change the direct debit for your loan upon receiving this form.
Deceased notification: in the event that a client or officeholder (e.g. director/trustee) is deceased, please advise QRIDA using the deceased notification form. Please note, if this has resulted in a change of company directors or officeholders, please advise QRIDA of the new directors/officeholders via completing the notification of change of members form.
Loan account statement: if you require a statement for your loan account with QRIDA.
Loan payout: advance notice is required if you plan to payout your COVID-19 Jobs Support Loan. To request a payout figure for the loan complete this form.
One-off late payment or financial hardship: if you anticipate that you may be late in making a scheduled loan payment (e.g. within a week), contact QRIDA on the details below and we will be in touch to discuss. If the situation is more serious and the business is experiencing difficulties in meeting its contracted loan payments complete this form.
Sale or business closure: you must advise QRIDA in the event your business is to be sold or will no longer be operating as this will require the repayment of your loan. To request a payout figure on your loan complete this form.
Third party authorisation: you can request QRIDA to provide information pertaining to your COVID-19 Jobs Support Loan to a third party, to the loan (e.g. spouse, accountant, bookkeeper, employee).
Update contact details: QRIDA will contact you via phone, post, SMS or email regarding your loan so it’s important your details are kept up to date. This includes changes to the road address of the business.