Expansion Loan

A low-cost loan to grow your business

This is a small-scale loan to fund plans to grow and 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 €5,000 – €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

Get in touch

If this sounds like the right support for your business, call our dedicated team for more information.
(01) 7 27 2100
enquiry@neh.gov.ie
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*Phone operating hours are Mon - Fri from 9am - 5pm