Start Up Loan

Supports the set-up and early stage phase of a new business up to 12 months

Loans from €5,000 – €50,000

6.5% interest rate – lower rate of 5.5% 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

For Loan Applications above €40,000, we will require evidence that you have been unable to get this funding elsewhere

Cashflow Loan

For Established Business

Loans from €5,000 – €50,000

6.5% interest rate – lower rate of 5.5% if you apply via Local Enterprise Office

Supports cashflow and day to day running of the business

No fees/no hidden costs/fixed repayments

Free Mentoring – where deemed appropriate

Loan terms up to 3 years

For Loan Applications above €40,000, we will require evidence that you have been unable to get this funding elsewhere

Expansion Loan

For Established businesses

Loans from €5,000 – €50,000

6.5% interest rate – lower rate of 5.5% 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

For Loan Applications above €40,000, we will require evidence that you have been unable to get this funding elsewhere

Small Loan

For both Start Up & Established Businesses with low funding requirements

Loans €2,000 – €5,000

Up to 3 years max term

6.5% interest rate – lower rate of 5.5% if you apply via Local Enterprise Office

Simpler paperwork

No fees/no hidden costs/ fixed repayments

Credit decision is final – no right to appeal