Small Business Loan Scheme
Dundrum Credit Union Limited partnership with Dun Laoghaire-Rathdown County Enterprise Board
In late March 2010, Dundrum Credit Union Limited, in partnership with Dun Laoghaire-Rathdown County Enterprise Board, unveiled a new Small Business Loan Scheme with a loan rate of 5.95% (6.11% APR). Applicants must be living, working or operating a business within the Dundrum Credit Union catchment area and can apply for a loan of up to €40,000 with a repayment period of up to five years.
In addition to this, the DLR CEB may appoint a mentor to all successful loan applications to assist with the business planning and development as well as with management capability. Loans will be provided for working capital as well as for capital assets - except mobile assets such as cars/vans. The credit union already has attractive motor finance options available.
All applicants must complete a loan application form from Dundrum Credit Union and submit a basic business plan with 3 year cash-flow projections. Existing businesses must also submit a copy of their latest set of audited accounts and bank statements.
Contact Details
Call Dundrum Credit Union on 01 299 0400
or visit www.dundrumcu.ie/small_business.html