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Small Loan

If you need a small loan for your existing business or start up, our small loan is available to help you. If you are a Sole Trader, a Partnership or a Limited Company from any business sector, you may be eligible to apply.

€2K-5K

At Microfinance Ireland, there are no fees or hidden charges on our Small Loans. Fixed repayments gives you peace of mind.

Product Features

6.5% interest rate – lower rate of 5.5% if you apply via Local Enterprise Office
Loans from €2,000 – €5,000
Up to 3 years max term
Simpler documentation requirements
No fees/no hidden costs /fixed repayments
Credit decision is final – no credit appeal

Application Documents

You will need to submit the following documents to apply for a Small Loan with Microfinance Ireland Loan.

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Loan Application Form

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Income & Expenditure template

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6 Months Bank Statements

Personal and business, if business account open.

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Credit Report – Central Credit Register

Important – For Limited Companies Only: Where an application is being made in the name of a limited company, all Directors and/or Shareholders with a 25% or more shareholding in the company must obtain a personal credit report which should be submitted with the application.