MicroFinance Ireland to provide loans to IBYE Entrants

Microfinance Ireland Supporting Ireland’s Best Young Entrepreneur (IBYE) 2018
Business Loans up to €25,000 at 5% APR

Microfinance Ireland is very pleased to support Ireland’s Best Young Entrepreneur competition, and are now offering loan finance up to €25,000 at a discounted rate of 5% APR to all competition entrants* who may require loan funding to help you establish and grow your business. This loan offer is available to all applicants in the Best Start Up and Best Established Business categories from now until 31st March 2018.

 

For applicants entering the Best Business Idea Category,  it might take a bit longer to commence trading and therefore, Microfinance Ireland are extending this loan finance offer until 30th June 2018 so that they can apply for loan finance when the business is closer to trading.

*Subject to normal lending criteria, terms and conditions apply.

Eligibility:

  • Applicant must have already submitted an Online Application to IBYE Competition 2017/2018
  • Business must be trading already or close to trading (in the next 3/6 months)
  • Business has fewer than 10 full-time employees and annual turnover less than €2m

 

How to Apply:

Applicants should submit their details on the MFI website at http://info.microfinanceireland.ie/ibye-registration-form
Following registration, applicant will receive an email outlining the documents that are required to make a loan application. 
LEO to forward copy of the IBYE Online Application to Microfinance Ireland by email to info@microfinanceireland.ie  – nothing else required by the LEO
Microfinance Ireland will contact the applicant directly to discuss their loan  application in detail