Company Micro Loans

Loan finance for Audiovisual Companies ranging from €5,000 - €25,000 is available from the WRAP Fund through the Creative Industries Micro-Loan Fund of the Western Development Commission.

Who Can Apply?

Open to sole traders, partnerships, businesses, co-operatives and groups operating in the creative industries sector (including the screen sector) located/established in the WRAP Region (Clare, Donegal, Galway, Mayo, Roscommon, Sligo).

How to Apply

The key criterion for assessing whether an enterprise will be eligible for funding is its repayment capacity, promoters proven track record and relevant skills to make the venture a success.

The term of these loans ranges from one to five years with an interest rate of the prevailing EU Reference Rate for Ireland plus 650 basis points (6.5%). Repayments are made on an amortised basis by monthly direct debit.

Further details including the application form are available HERE