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Microfinance-Ireland-COVID-19-Business-Loan - can new startups receive it?

  • 09-04-2020 5:52pm
    #1
    globalbiz
    Registered Users, Registered Users 2 Posts: 2 ✭


    As per topic. Is it open to new startups?


Comments

  • #2
    Darc19
    Registered Users, Registered Users 2 Posts: 3,817 ✭✭✭Darc19


    Would it not be easier for you to go to their website, check the details and send them an email.

    That way you'll get a correct answer.


  • #3
    Buttercake
    Registered Users, Registered Users 2 Posts: 539 ✭✭✭Buttercake


    globalbiz wrote: »
    As per topic. Is it open to new startups?

    You go to them when you have a been refused an application from your bank with a letter saying so. They will ask for personal guarantees, proper business plan and tax clearance with many other hoops to jump through. They only approve 40% of applications.


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