*Note: We do not require Asset security for our loans. However, if you are applying for a business loan through a Limited Company (LTD Company) / Designated Activity Company (DAC), we will request that you (Directors / Shareholders / Key Business Influencers) sign an Indemnity which is your commitment to take responsibility for repaying the loan if the business cannot do so. Microfinance Ireland is required to report all such Indemnifiers to the Central Credit Register (CCR).

Business Loans

Loans of up to €50,000 are available to support your business. No fees. No hidden costs. Fixed repayments.

Please Note:

Microfinance Ireland can only lend to businesses having difficulty obtaining loans from the banks or other funding providers. Whilst we assess each application on a case-by-case basis, and don’t always require a formal decline letter, we may have to seek evidence that you have not been able to get funding elsewhere.

Requirements for Loans used for the purchase of Vehicles:

We must be provided with a formal decline letter/email from an Asset Finance Provider when the loan proposition is to fund the purchase of any type of vehicle (new or second hand).

To be eligible for a loan your business must:

Have less than 10 full-time employees

The annual turnover must be less than €2m excluding VAT, or annual balance sheet total does not exceed two million euro in respect of the full fiscal year immediately preceding, or in 2 of the last 3 years.

Have a minimum of one full-time job in the business (for you or somebody else)

Are unable to secure finance from your Bank or other commercial lenders