Microfinance Loans

Under a partnership between Microfinance Ireland (MFI) and the Local Enterprise Offices (LEOs), Business Loans are available through the LEOs.

• Unsecured loans from €2,000 up to €25,000
• Term from 3 to 5 years
• Reduced Interest Rate 7.5% (7.8% APR) for LEO clients
• Flexibility on repayment terms

The loans are provided and underwritten by Microfinance Ireland and application may be made through the LEO office and will be in the first instance will be assessed locally.

Sole Traders, Partnerships and Limited Companies with fewer than 10 employees and an annual turnover of less than €2m are eligible to apply. Unlike some of the other financial supports available from the LEO, all business sectors are eligible to apply. Loans can be used to fund start-ups, existing and growth microenterprises and can be used for working capital or the hiring of new employees, the purchase of stock, equipment, machinery and business vehicles.

Any queries on the above give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie