This is so we can calculate how busy or quiet your trade is and collect the set small % of average trading income. It will also allow your case to be re-assessed when you are seeking a new facility after the present one is mostly paid down. If the open banking connection is not maintained Grid will collect the average daily repayment +15% as standard to ensure repayment of the facility by the expected date.   

The following page will assist you in making the connection as part of your application journey if needed https://www.gridfinance.ie/open_banking_instructions