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Term Loans

Borrow up to €25,000 at a low-interest rate

The SBCI Term Loans are low-cost flexible term loans suited to micro-enterprises. This small scale lending is a financing option offered by the Strategic Banking Corporation of Ireland (SBCI) in partnership with Microfinance Ireland (MFI).

Who is it for?

You might be eligible if: 

  • You have up to 10 full-time employees
  • You have an annual turnover of up to €2 million
  • You are unable to secure finance from banks and other commercial lenders

Eligibility is subject to terms and conditions.


What do you get?

  • Loans ranging from €2,000 to €25,000 with a typical loan term of 3 years
  • A potential 1% interest rate discount for applications made through the Local Enterprise Office or referred by a bank
  • Flexible repayment plan
  • Free mentoring through the Local Enterprise Office

What can it be used for?

  • Cash flow loans 
  • Expansion loans 

Get in touch

If this sounds like the right support for your business, call our dedicated hub for more details on how to apply.

*Phone operating hours are Mon - Fri from 9am - 5pm

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Provided by Enterprise Ireland, on behalf of the Government of Ireland.