Imperfect credit · Ireland
We arrange business loans for Irish SMEs whose credit record isn't perfect. Specialist lenders look at how your business is trading now, not just its history. Please note we arrange business finance only — we don't arrange personal loans.
Often, yes — depending on what happened and how you're trading now.
Small things make a real difference to a lender.
Where the business or its owners have property or other assets, offering security can give a lender comfort that a credit record alone doesn't. Terms depend on the asset and the lender.
If you take card payments, a merchant cash advance is based mainly on your card takings, and can be quoted from 90 days trading. Repayments come out as a share of card sales, so they ease on quieter days.
Here the lender looks closely at the strength of your customers, not just your own record. You can finance your sales ledger, or one-off invoices from €100,000.
The equipment or vehicle itself helps support the deal, which can make it easier to fund than a cash loan. Suits machinery, vans, tech and other kit with a resale value.
Some specialist lenders look mostly at steady money coming in — around 8 or more deposits a month — with repayments that move with your takings. These usually cost more than a standard term loan.
Worked repayment example
Illustration only, using a rate at the higher end to reflect extra risk. Your rate depends on your business and credit profile, and lender fees aren't included. Merchant cash advances and revenue-based finance are priced differently. Try your own figures.
Sending everything together keeps things moving. We'll confirm exactly what your lender needs.
Our fee to you: none. Free to you. Lenders pay us a commission when your loan completes.
To be straight with you: finance for a business with credit issues usually costs more. Lenders set pricing on your risk profile, so rates, fees and terms vary a lot from one case to the next.
Lenders may charge their own costs, such as an arrangement fee, and some have early repayment terms. Every cost is shown in the offer, and we'll walk you through it before you sign.
No. We arrange business finance only, for businesses trading in Ireland. We can't help with personal loans, car loans for personal use or debt consolidation for individuals.
Not always. A settled, explainable issue is very different from missed payments happening now. Some specialist lenders will consider it alongside strong recent trading; others will decline.
Usually, yes. Lenders price for risk, so rates and fees tend to be higher than for a business with a clean record. We'll show you every cost before you decide.
It can. Lenders often check directors' credit as well as the company's, especially where a personal guarantee is involved. Tell us upfront and we'll point you to lenders likely to consider it.
Our eligibility check is a few questions about your business — it doesn't run a credit search. A lender will only search once you choose to apply.
Free to you. Lenders pay us a commission when your loan completes. How we get paid