Overview - Finance Ireland

Funding Solutions for

SMEs

Funding to fuel

Your Business

If you have ambitions to scale your business, but concerns about cashflow, then our asset finance solutions or business loans could be the answer.

If you are unsure about which option is most suitable, our asset finance team are available to work with you to find the option that’s most suitable. If we don’t have a suitable option, they can let you know that too – this isn’t a hard sell.

To speak with one of our asset finance team, you simply need to fill in the Finance Enquiry form and a member of our team will be in touch within 4 working hours. If you already know which type of finance option you need, click here to begin a full application.

Alternatively, call us on

First Name

Surname

Company Name

Contact Number

Loan Amount

County

What is the purpose of the loan?

Our Business SME & Leasing Financing Options

Leasing

SME Leasing allows small to medium enterprises to finance assets including cars, commercial vehicles, plant and machinery and many other types of equipment. Lease terms are usually between 2 to 5 years and provide the SME with fixed monthly rental repayments for the term (payment may be V.A.T deductible where registered and where applicable).

Benefits

Use of Equipment as if you own it.
Fixed monthly payment over fixed term of 2 – 5 years.
Initial capital outlay preserved which helps preserve cash flow.
VAT element of rental can be reclaimed if registered for VAT.
100% finance provided.

Hire Purchase

Hire purchase is an agreement whereby fixed plant, equipment, vehicles or other applicable assets are purchased by the lender on behalf of the customer and hired for an agreed term. On completion of the term, ownership generally passes to the customer for a nominal sum.

Benefits

Own Equipment at end of term.
Fixed payment over term 2 – 5 years.
Flexible repayments where required Monthly, Quarterly, Half yearly or Seasonal.
VAT element of rental can be reclaimed if registered for VAT.
Flexible deposits.

Contract Hire

Contract hire is an arrangement whereby the finance company buys the vehicle and in turn hires it out to the SME over a fixed term, usually 3 or 4 years. The key benefits of contract hire are that the monthly payments are fixed; the repayments are generally a lower than a Lease or Hire Purchase agreement and there is no depreciation risk on the vehicle for the company owing to the residual value.

Benefits

No large capital outlay.
Fixed monthly repayment over 24 – 48 months.
Reduced payment.
Maintenance build in if required.
No risk of depreciation, return car at end of term and start again.
Drive a new car with all the benefits.

Rental Agreement

Vendor Finance also known as Rental agreements are leasing facilities available for approved office equipment suppliers to enable SME’s finance photocopiers, printers, telecommunication equipment and business equipment in general. Lease terms tend to be in the range of 2-5 years with fixed monthly / quarterly rental agreements. Maintenance packages are also available, and payments are VAT deductible where applicable.

Benefits

What types of asset do we finance?

Vehicles

Agri

Tractor
Mower
Bulk Tank
Feeder
Trailer
Quad
Slurry Tanker
Bailer
Teleporters
Loaders

Construction

Excavator
Trailer
Teleporters
Loaders
Generator
Dumper Truck
Cherry Picker
Rock Crushers

Manufacturing

Office

Medical & Dental

Surgical Equipment
Dental Equipment
Vetinary Equipment
Medical Diagnostic Equipment
Radiography Equipment
General Medical Equipment for Hospitals and Clinics

Additional Products

MilkFlex is an award-winning loan scheme designed exclusively for Irish dairy milk suppliers and supported by 18 co-operatives nationwide.

MilkFlex offers standard loan terms of 8 years or 12 years, and is consistently recognised as the leading loan product for dairy farm expansion in Ireland, MilkFlex helps protect farm incomes from the impact of dairy market volatility, seasonality, and disease outbreaks. Click below for more.

Investing in greener energy options for your home can reduce your reliance on fossil fuels, lead to savings in energy costs and enhance your energy independence. Our Green Lending solution is a simple and effective way to invest in your energy efficiency without having to cover all the costs upfront.

Or Get In Touch

Call Us

01 639 1370

Email Us

leasing@financeireland.ie

Opening Hours

9:00 AM - 17:30 PM

Postal Address

Finance Ireland Leasing,
Clerkin House,
85 Pembroke Road,
Ballsbridge, Dublin 4,
D04 YN53.

Regulatory Information

You may have to pay charges if you repay early, in full or in part, a fixed rate credit facility.

If you do not meet the repayments on your credit facility agreement, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future.

The cost of your repayments may increase.

You may have to pay charges if you pay off a fixed-rate loan, hire-purchase agreement or consumer-hire agreement early.

If you do not meet the repayments on your loan, hire– purchase agreement or consumer-hire agreement your account will go into arrears. This may affect your credit report, which may limit your ability to access credit, a hire- purchase agreement, a consumer-hire agreement or a BNPL agreement in the future.