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Engineers · Ireland
Engineers
business loans.
Whether you run a consulting engineering practice, a general engineering workshop or a site services crew, the costs usually land before the client pays. We help Irish engineering businesses compare term loans, invoice finance and equipment finance through specialist lenders.
Term loans for growth and hiring
Fund a hire, a CAD or simulation licence, a workshop move or a new service line and repay on a fixed schedule.
- Unsecured term loans from €5,000 to €500,000
- From 12 months trading with one year’s accounts
- Annual turnover of €100,000 or more and a net profit
- No recent missed payments on bank statements
- Practices from around 9 months trading with steady deposits (about 8 a month) can look at flexible repayment loans instead
Invoice finance for unpaid client bills
Release the cash you’ve already earned while developers, main contractors and public bodies pay on 60 or 90-day terms.
- Advance of up to 95% of unpaid invoice value
- Finance can cover your whole sales ledger as it grows
- One-off or ad hoc invoice finance starts at €100,000 per invoice
- Suits firms billing business customers — developers, contractors, industry and public bodies
- A revolving facility, so it grows and shrinks with your billing
Asset finance for workshop and site equipment
Spread the cost of the machines, instruments and vehicles the work depends on.
- Hire purchase or leasing for suitable new or used assets
- CNC machines, lathes, fabrication kit, testing instruments, CAD workstations and site vans
- Leasing with no deposit on smaller items, and finance on suitable vehicles from €10,000
- A supplier quote helps us compare the options
- In some cases, loans secured on equipment you already own can work — assessed case by case
Finance is subject to lender assessment. Unsecured term loans are not registered against property or business assets, but some lenders ask directors for a personal guarantee. Equipment-secured loans are assessed case by case.
Why engineering businesses come to us
Fees lag, kit doesn't
Engineering work is billed in stages and paid late. A design consultancy can carry a project for months before the final fee clears; a workshop buys tooling, material and subcontract time for an order that won't be invoiced for weeks; a site services crew pays wages, plant hire and insurance weekly while the client's certificate sits in someone's inbox. Growth makes it worse — the hire, the machine or the licence has to be paid for before the extra work arrives.
Invoice finance turns issued invoices into cash now, a term loan funds hiring, software or a workshop move on a fixed schedule, and asset finance spreads the cost of the machinery and vehicles the job runs on.
Coming from a different angle? Our invoice finance page explains how the facility works, asset finance covers plant and equipment, and the broader trades business loans page looks at funding across the trades.
Guides for your industry
2 November 2026
Invoice Finance Ireland for Growing SMEs
Release cash tied up in unpaid B2B invoices. Understand factoring, invoice discounting, lender fees and the documents Irish SMEs need.
Read guide →
16 October 2026
How to Secure Equipment Finance in Ireland: A Guide
Table of Contents How to Secure Equipment Finance in Ireland: Step-by-Step What You'll Need Before You Apply Types of Equipment Finance Available Equipment Finance Application Requirements Documents Lenders Typically Ask
Read guide →
21 April 2026
Working Capital Finance as Costs Rise for Irish SMEs
How Irish SMEs can manage rising costs and cash-flow gaps: compare working capital finance, understand interest-rate risk and check repayments before borrowing.
Read guide →
28 October 2026
Funding for Irish Tradespeople: Your Options Explained
Unsecured loans, asset finance, van finance and sole trader lending explained for plumbers, electricians, carpenters and other Irish trades.
Read guide →
Common questions
Can I get a business loan as a sole trader engineer?
Yes. Limited company, Sole trader, Partnership accounts can all work. What matters more is at least 12 months trading, turnover of €100,000 or more, a net profit and clean recent bank statements.
I'm waiting on progress payments from a developer — can that be financed?
Often, yes. Invoice finance advances up to 95% of the value of invoices you've already issued, so a 60 or 90-day client term doesn't have to be funded from your own cash. Retention held back on completion is a different matter and is looked at case by case.
Can I finance workshop machinery or test equipment?
Yes — asset finance through hire purchase or leasing can spread the cost of CNC machines, lathes, fabrication kit, instruments and CAD workstations over their working life. A supplier quote helps us compare the options.
Do you lend to engineering consultancies with no assets to offer?
Yes. Unsecured term loans aren't registered against property or business assets, though some lenders ask directors for a personal guarantee. Approval comes down to trading history, turnover, profit and how the bank statements look.
Free to you. Lenders pay us a commission when your loan completes. How we get paid