^Unsecured Business Loans Ireland – Apply Now

Traditional unsecured loans suit businesses with at least two years’ trading history and stable cash flow. Amounts range from £5,000 to £250,000, with terms between 6 and 60 months. Interest rates typically sit between 6% and 15% APR, and decisions are usually made within 2 to 5 business days. This option is commonly used for working capital and operational expenses, with broad support across sectors.

Revolving credit facilities work as an ongoing loan limit that companies can draw from and repay at their own pace. They are suited for businesses with good credit history and consistent documentation. Facilities typically range from £10,000 to £150,000, with annual reviews. Interest rates are usually 8% to 18% APR, and decisions arrive in 5 to 7 business days. They are especially helpful for sectors with changing cash flow needs.

Merchant cash advances provide funding against projected card sales. Businesses trading at least a year and seeing steady card income can qualify. Advances typically range from £5,000 to £200,000, with repayments varying according to sales volumes. Factor rates between 1.1 and 1.5 apply, and decisions are made in as little as 1 to 3 days. This is popular in retail, hospitality, and ecommerce sectors.