Our Loan Packages

 

Start Up Loan

  • Supports the set-up and early stage phase of a new business up to 12 months
  • Loans from €5,000 – €25,000
  • 6.5% APR- Lower rate of 5.5% APR if you apply via Local Enterprise Office
  • 3 year max term
  • First 3 months – Interest Only payments
  • No fees/no hidden costs /fixed repayments
  • Free Mentoring – up to 5 sessions

Cashflow Loan

  • Established Business > 18 months
  • Loans from €5,000 – €25,000
  • 6.5% APR- Lower rate of 5.5% APR if you apply via Local Enterprise Office
  • Supports cash flow and day to day running of business
  • No fees/no hidden costs/fixed repayments
  • Free Mentoring – where deemed appropriate
  • Loan terms up to 3 years

Expansion Loan

  • Established businesses
  • Loans from €5,000 – €25,000
  • 6.5% APR- Lower rate of 5.5% APR if you apply via Local Enterprise Office
  • Capital expenditure re business development /expansion
  • Longer terms – up to 5 years
  • No fees/no hidden costs/fixed repayments
  • Free Mentoring – where deemed appropriate

Small Loan

  • For both Start Up & Established Businesses with low funding requirements
  • Loans €2,000 – €5,000 and up to 3 years max term
  • 6.5% APR- Lower rate of 5.5% APR if you apply via Local Enterprise Office
  • Simpler paperwork
  • No fees/no hidden costs/ fixed repayments
  • Credit decision is final – no right to appeal

Flood Relief / Extreme Weather Event Loan

  • Fixed interest rate of 5.5% APR
  • Loans from €2,000 to €25,000
  • 5 year maximum term
  • Up to 6 months full repayment moratorium – full principal and interest payments commence at the end of the agreed repayment moratorium period
  • No fees / no hidden costs
  • You may be eligible for free mentoring if deemed appropriate