Expansion Loan

Most successful businesses require a loan at some stage to fund plans to grow and expand your business.

If you are a Sole Trader, a Partnership or a Limited Company from any sector and in operation for more than 18 months, you are eligible to apply.

There are no fees or hidden charges on Expansion Loans from Microfinance Ireland. Fixed repayments gives you peace of mind and lets you focus on managing your business.

Product Features:

  • New lower rate of 5.5% APR
  • Loans from €5,000 – €25,000
  • Supports your longer term plans for your business
  • No fees/no hidden costs/fixed repayments
  • Established Business in operation > 18 months
  • Free Mentoring – where deemed appropriate
  • 5 year max term


Once your Expansion loan is approved, we may also provide you with mentoring support from an experienced business mentor on the Local Enterprise Office (LEO) Mentor Panel, if we decide it is appropriate. Mentoring is a vital extra support tool to help you grow and develop your business.

Application Documents

You will need to complete and/or submit the following documents to apply for this Microfinance Ireland Loan:


Loan Application Form

*Please save the application form to your desktop or downloads before completing the form. Otherwise you may lose information entered on the application form.

Cashflow Forecast Template


6 Months Bank Statements

Both personal and business, if available.

Credit Report - Central Credit Register

MFI will conduct a credit search directly from the Central Credit Register (CCR) for all applications for Sole Traders, Partnerships and Limited Companies.

Important – Limited Companies Only: Where an applicant is a Limited Company, all Directors and/or Shareholders with a 25% or more shareholding in the company must obtain a personal credit report from the Central Credit Register and submit with the application.

Credit Report – Limited Companies ONLY