Covid-19 Working Capital Loan Scheme


Working capital is a measure of the short-term liquidity of a business, finances and day-to-day running of a business. This includes cashflow for operational purposes.

Viable micro, small and medium sized enterprises (SMEs) and small mid-cap enterprises that meet the eligibility criteria.

SMEs are defined by the Standard EU definition [Commission Regulation 2003/361/EC] as enterprises that:

  • have fewer than 250 employees
  • have a turnover of €50 million or less (or €43 million or less on their balance sheet)
  • are independent and autonomous i.e. not part of a wider group of enterprises
  • have less than 25% of their capital held by public bodies
  • is established and operating in the Republic of Ireland

A small mid-cap is an enterprise that is not an SME but has fewer than 500 employees.

Business with up to 499 employees can apply for eligibility to the scheme.

Listing Details

Delivery Radius:
Interest Rate: Maximum interest rate of 4%
Value: €25,000 to €1,500,000
Term: 1 - 3 years
Scroll to Top