MicroFinanceIreland Loan Scheme Launched

Microfinance Ireland has been funded by the Irish Government to provide loans to newly established and growing micro enterprises (turnover less than €2m; staff less than 10) across all industry sectors that do not meet the conventional risk criteria applied by banks. Microfinance loans of under €25,000 are available to assist your business. In the first instance, you should approach your bank for credit. In the event that credit is declined, you are eligible to apply to Microfinance Ireland for a loan. Microfinance Ireland works in partnership with the County & City Enterprise Boards who can assist with training and guidance in preparing your business plan.  They will also conduct an initial evaluation of the quality of your business proposal for a loan application. Click HERE for further information.
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