Recieve funds in 48 hours
Easy to apply
Flexible repayment options
Ideal for small and developing businesses
Guaranteed by the European Investment Fund
Borrow between €15 and €50K
How it works
Complete our easy online application and send us any supporting documents.
We review your application
We'll assess your needs and company data before making you an offer.
Get your funds
Once approved, the agreed funds will reach your account within 48hours.
PayRay's help and business-oriented attitude during COVID19 helped us to keep on growing at a difficult time.
Can I get more than one PayRay loan at a time?
Yes, you can but the total amount borrowed can’t exceed 50,000 EUR. You can also have both a loan and factoring agreement with us.
What is the minimum amount I can draw?
We provide loans from 15,000-25,000 EUR. However, smaller loans can also be considered.
What type of loan does PayRay offer?
We offer EIF loans for small companies and farmers from 15,000 up to 50,000 EUR. For a maximum term of 12 months.
Is a personal guarantee required for a PayRay loan?
No. We don’t require real estate collateral or a personal guarantee. Your loan agreement will include a promissory note in the name of the company.