Most successful businesses require a loan at some stage to fund plans to grow and expand your business.
If you are a Sole Trader, a Partnership or a Limited Company from any sector and in operation for more than 18 months, you are eligible to apply.
There are no fees or hidden charges on Expansion Loans from Microfinance Ireland. Fixed repayments gives you peace of mind and lets you focus on managing your business.
- Loans from €5,000 – €25,000
- Supports your longer term plans for your business
- No fees/no hidden costs/fixed repayments
- Existing Business in operation > 18 months
- Free Mentoring – where deemed appropriate
- 5 year max term
Once your Expansion loan is approved, we may also provide you with mentoring support from an experienced business mentor on the Local Enterprise Office (LEO) Mentor Panel, if we decide it is appropriate. Mentoring is a vital extra support tool to help you grow and develop your business.
You will need to complete and/or submit the following documents to apply for this Microfinance Ireland Loan:
6 Months Bank Statements
Both personal and business
Provide latest set of accounts for your business