Vehicle Loan
Our Vehicle Loans are for the purchase of both new and second hand vehicles to support your business. Please note that for a Vehicle Loan, you will need to provide us with a decline letter from an Asset Finance provider with your application.
€2K-50K
There are no fees or hidden charges on the Vehicle Loan from Microfinance Ireland.
Please Note: We require a formal decline letter from an Asset Finance Provider if you are applying for a Vehicle Loan.
Example of these Asset Finance Providers can be found below- please note this is not an exhaustive list:
- AIB Asset Finance
- Bank of Ireland Asset Finance Hire Purchase & Leasing
- Close Brothers
- Fexco Asset Finance
- Grid Finance
- Nifti Business Finance
- PTSB Asset Finance
- SME Finance and Leasing
Product Features
Application Documents
You will need to submit the following documents to apply for a Microfinance Ireland Loan.
Asset Finance Decline Letter
You will need to provide a Decline Letter from an Asset Finance Provider
6 Months Bank Statements
Personal and business, if business account open.
Management Accounts
If trading over 18 months – most recent set of management or financial accounts
Credit Report – Central Credit Register
Shareholders and Partners will need to submit a CCR Credit Report.
Credit Report
