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Expansion Loan

A low-cost loan to grow your business

This is a small scale loan to fund plans to expand your business.

Who is it for?

You might be eligible if: 

  • Established businesses
  • Your business has fewer than 10 full time employees
  • Your business has an annual turnover of less than €2 million
  • Your business has experienced difficulty in securing loans from the banks
  • Living in Ireland

Eligibility is subject to terms and conditions.


What do you get?

  • Loans from €2,000 – €50,000
  • Loan terms up to 5 years
  • 6.5% APR- Lower rate of 5.5% APR if you apply via Local Enterprise Office
  • Supports your longer term plans for your business
  • No fees/no hidden costs/fixed repayments
  • Free Mentoring – where deemed appropriate

     

What can it be used for?

Capital expenditure re business development /expansion


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