If you are a SME that has suffered a loss arising from COVID-19 business disruption you are eligible to apply for a Microfinance Ireland Guaranteed loan via AIB, BOI or UB. Loans are 80% guaranteed up to €50k and have a deferred interest payment option.

How We Can Help

We can prepare the full application on the client’s behalf and submit to Microfinance Ireland for review.  Letter of engagement will need to be in place before work commences and 50% of our fees paid up front and 50% paid once the application has been submitted to the bank for processing.  It is important to note that we do not guarantee that the application will be successful.

The estimated fees to complete all the work below would be 2 days at €1,250 + vat per day (total €3,075), just on a time basis and there is a success fee of €1,250+vat for a successful drawdown. 

I would also note that your local enterprise office is providing a grant for €2,500 re BCP, see Local Enterprise Office for more details which could be used as part of this application, to offsite fees.

If you wish to complete an application please download the Declaration form, sign where indicated and return a copy to us for inclusion in the application

We are fully contactable throughout the current crisis either via your Account Manager or by contacting us directly