Business loans in Galway for limited companies

It is a loan fund run by the Western Development Commission for companies registered, headquartered and controlled in Clare, Donegal, Galway, Leitrim, Mayo, Roscommon or Sligo. More than half of the promoters and management must live in the region. Loans usually range from €50,000 to €300,000 over three to ten years, at the EU reference rate plus a risk margin.

Yes. Its €275,000 Shopfront Enhancement Scheme 2026 offered grants of up to €20,000, covering 50% to 75% of eligible costs, to street-facing businesses in Salthill and the City Core, Lower Dominick Street and Eyre Square conservation areas. Neighbouring businesses applying together could get extra support. The 2026 round closed on 30 June, so watch for the next one.

Companies trading for more than 18 months can apply for a Business Expansion Grant, capped at 50% of eligible costs or €150,000, whichever is lower. Grants linked to jobs are capped at €15,000 per full-time job created. A company that received a Priming Grant generally waits 18 months after its final drawdown before applying. Feasibility grants help test a new product or market.

Equipment is usually funded through hire purchase or leasing. Tell us what your company needs and we will tell you whether a lender on our panel may consider it. If the real pressure is wages and materials while a new contract ramps up, a working capital or unsecured business loan from our panel may be worth looking at. Lenders will ask for accounts and recent bank statements.

Enterprise Ireland’s West office is in Mervue Business Park, Mervue, Galway. It works with manufacturing and internationally traded services companies with export plans, which in Galway includes many medtech suppliers and software firms. Smaller companies usually start with LEO Galway, which can refer them to Enterprise Ireland once they are ready to scale abroad.

Permission was granted in April 2026 for an extension estimated at €290 million, so construction, marine engineering and haulage firms may see tenders once the project moves to procurement. Watch the Port of Galway’s own announcements for the timetable. If you plan to bid, check the payment terms and conditions the contract sets before committing.

Many plan for it: they build a cash reserve in summer and agree supplier terms that ease off in winter. Where that isn’t enough, a short-term working capital loan or a merchant cash advance, repaid as a share of card takings, may help. Both are products our panel can consider. A cash advance costs more when trade is slow, so compare the total cost.