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Best place to get a start up loan?

  • 06-11-2020 11:25pm
    #1
    blocstock
    Registered Users, Registered Users 2 Posts: 7 ✭


    With covid, I say the odds of getting a job is zero. Even at the best of times, there were no jobs around the place :D. Currently in the progress of registering a limited company. I figure getting a loan through a company is easier than getting a personal loan. If unemploy u can't even get a 500 euro loan from the credit union without jumping through 100 hoops.


    SO is there anywhere I have a realistic shot of getting a 5000-10000 euro loan to get my business seriously up and running or am I wasting my time?


Comments

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


    Plenty of jobs out there if you are prepared to work.

    Zero chance of a business loan.


  • #3
    markymark21
    Registered Users, Registered Users 2 Posts: 595 ✭✭✭markymark21


    blocstock wrote: »
    With covid, I say the odds of getting a job is zero. Even at the best of times, there were no jobs around the place :D. Currently in the progress of registering a limited company. I figure getting a loan through a company is easier than getting a personal loan. If unemploy u can't even get a 500 euro loan from the credit union without jumping through 100 hoops.


    SO is there anywhere I have a realistic shot of getting a 5000-10000 euro loan to get my business seriously up and running or am I wasting my time?

    Microfinance offer loans up to 25K for startups.
    https://microfinanceireland.ie/loan-packages-2/covid19/?gclid=Cj0KCQiA7qP9BRCLARIsABDaZzhgv4TDdKssS22XGXPiawo9HRsLsu85H-XvvRlXVZJ6PDlKDndNUfIaAndwEALw_wcB

    Whether that'll happen during the pandemic and to an F&B start-up is another matter. You'd want to have a bangin' business plan and solid credentials to boot!


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