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Small Loan

Small low-cost loans

This is a small low cost loan with minimal paperwork requirements.

Who is it for?

You might be eligible if: 

  • For both Start Up & Established businesses with low funding requirements
  • 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 a loan from the banks
  • Living in Ireland

Eligibility is subject to terms and conditions.


What do you get?

  • Loans from €2,000-€5,000
  • Loan terms up to 3 years
  • Simpler documentation requirements
  • No fees/no hidden costs/fixed repayments
  • 6.5% APR- Lower rate of 5.5% APR if you apply via Local Enterprise Office
     

What can it be used for?

For funding small projects or day to day operations.


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