Here you will find information on schemes and developments that your business could be able to avail of:
Linked Finance offers trustworthy small businesses a new viable alternative to borrowing from the banks. Real people can lend small amounts to great Irish businesses at very attractive interest rates. Applications are processed within 48 hours, with interest rates 30% lower than those offered by the banks. Linked Finance not only offers you the opportunity to lend or borrow from other businesses, it also gives businesses the opportunity to advertise and increase their profile. For details on how you can apply click here
The objective of Microfinance Ireland is to provide additional lending to start-up and growing microenterprises that have been declined credit by their lenders. A loan from Microfinance Ireland can be used for working capital and capital expenditure. Loans can vary from €2000 up to €25,000. Loan terms range from 3 up to 5 years and their is a fixed monthly repayment at a fixed 8.8% APR. These loans are designed to support existing or start-up business. Those that can apply include any business that cannot access credit or sufficent credit from their lender. Businesses must have fewer than 10 staff and an annual turnover less than €2m. Sole traders, partnerships and limited companies can apply from any sector. The business must be commercially viable with lan repayment capacity. Form more information please click here.
JobsPlus is an employer incentive, which encourages and rewards employers who offer employment opportunities to people who are long-term unemployed on the Live Register. JobsPlus is a simple scheme for employers to access, offering up to €10,000 for a qualifying recruit, payable on a monthly basis over a two year period. Employers can register online at www.jobsplus.ie to be approved as an eligable employer. Approved employers who take on an eligable employee will receive a cash incentive, payable monthly in arrears, over a two year period.