Government supports for COVID-19 impacted businesses in Ireland

11 April
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Business Loan from -Microfinance Ireland

If your business is impacted or may be impacted by COVID-19 resulting in a reduction of 15% or more in actual or projected turnover or profit, AND you are having difficulty in accessing finance from commercial lending providers, the MFI COVID-19 Business Loan may be able to help your business.

For more details please click here

Business Loan from -SBCI Working Capital Loan Scheme

SBCI Working Capital Loan Scheme provides loan amounts of between €25,000 to €1.5m to eligible businesses

Maximum interest rate of 4%.
Loan terms ranging from 1 year to 3 years.
Loans unsecured up to €500,000.
Optional interest-only repayments may be available at the start of the loans.

This loans can be used for future working capital requirements and to fund innovation, change or adaptation of the business to mitigate the impact of Covid-19.

For more details please click here

Trading Online Voucher Scheme

Trading Online Voucher Scheme is available up to €2,500 grant. This scheme offers financial assistance of upto €2,500 . Cutting the cost of developing your online trading capacity by up to 90% can make this investment very affordable for many small businesses out there.

For more details please click here

Business Continuity Voucher

Business Continuity Voucher, is available through Local Enterprise Offices and is designed for businesses across every sector that employ up to 50 people up to a maximum of €2,500

The voucher is worth up to €2,500 in third party consultancy costs and can be used by companies and sole traders to develop short-term and long-term strategies to respond to the COVID-19 pandemic.

For more details please click here