Start-Up Loan

If you are setting up a business or are in operation for less than 18 months, our Start-up Loan is available to help you get your business up and running. If you are a Sole Trader, setting up a Partnership or a Limited Company from any business sector, you are eligible to apply.

There are no fees or hidden charges on Start-Up Loans from Microfinance Ireland. Fixed repayments gives you peace of mind and lets you plan your finance commitments during the important early stage of your business.

Product Features

  • Loans from €5,000 – €25,000
  • Supports the set-up and early stage phase of a new business up to 18 months
  • 3 year max term
  • First 3 months – Interest Only payments
  • No fees/no hidden costs /fixed repayments
  • Free Mentoring – up to 5 sessions

Mentoring

Once your Start-Up loan is approved, we can also provide you with invaluable mentoring support from an experienced business mentor on the Local Enterprise Office (LEO) Mentor Panel. Mentoring is a vital extra support tool to help your business, particularly in the early stages.

Application Documents

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

b

Loan Application Form

Download*

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

l

Business Plan Template

Download

i

6 Months Bank Statements

Both personal and business, if available.

Financial Projections Template

Please complete all 3 tabs before submitting your application
Download

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