Term Loan

GRID’s Term Loan is a short-medium term finance solution designed for loans up to €150,000 over a maximum of 36 months.

What Type of Businesses Use A Term Loan?

Retail | Restaurants | Professional Services | Tourism | Hospitality

Clinicians | Agri | Manufacturing | Construction

Term Loan

GRID’s Term Loan is a short-medium term finance solution designed for loans up to €150,000 over a maximum of 36 months. Repayments are fixed and made monthly. Term loans are fulfilled through our marketplace lending platform.

Frequent Use of Funds

You can use a term loan for any purpose including:

  • Premises expansion
  • Pay off existing debt
  • Purchase equipment
  • Inventory
  • Hire new staff
  • Refurbishment
Benefits

Some of the benefits of a term loan include:

  • No business plan is required
  • Approval within 24 hours
  • Repayments are fixed and made monthly so you always know how much you’re repaying
  • Our team is easily accessible meaning you get a great customer experience
How it Works

Following a successful approval, your project will be prepared for our GRID Wealth investors. To get a sense of how your project may be presented check out Nua Naturals. Our investors make offers from as little as €5 to as much as 100% of your loan amount. These offers will be compiled into one loan offer. Once you have accepted your loan offer, you will draw down your funds and repayments begin 1 month later. We will manage your GRID Wealth investors on your behalf.

How to Apply

Simply complete our financial health check and submit with the following documents:

  • Financial Accounts
  • Management Accounts
  • 6 Months Banks Statements

Email your application to business@gridfinance.ie and one of the GRID Team will be in touch to discuss your funding needs with you.

Apply Now
1

Submit Application

Submit a completed financial health check and supporting documents.

2

Get Approved

Approval within 24 hours.

3

Get Financed

The GRID team will work with our GRID Wealth investors to support your loan.

Are you an accountant or business advisor with clients seeking funding?

Trust and Security at GRID Business

We take security and privacy very seriously here at GRID Finance. We employ best in class practices and our site security is verified by independent security auditors

Funds

Customer funds are safely held within a central bank of Ireland regulated bank account and can never be accessed through the GRID Finance platform.

Data Security

GRID Finance are committed to ensuring that your data is secure at all times by adhering to the data protection laws (1998, 2003) and the European Union e-Privacy directive which became law in Ireland in 2011.

SSL Encryption

Your information is encrypted right from registration. We use the latest 256-bit encryption to ensure that your information is always safe.