Picture of Dublin view on a sunny autumn day

About Us

GRID Finance was founded in 2013, to support the growth and expansion of small to medium businesses in Ireland. Our team is committed to providing quick access to capital, advice and tools that will help small businesses grow.

GRID's team are spread across it's three offices located in Ireland (Dublin and Limerick) and Obidos, Portugal. Our goal is to help at least 10,000 small businesses by our 10th birthday.


Value #1

Delivery - We do what we say we will do with Respect, Integrity and Transparency. This is the value that drives us.

Target

To help at least 10,000 small businesses with at least 1 solution by our 10th birthday.

Purpose

To build financially stronger SME’s. This means they are better capitalised, better financed and better financially run. By being financially stronger they are more resilient, more sustainable and better citizens in our society.

Vision

To be the largest financial partner to SME’s. This is defined not by the size of our loan book or product portfolio but by how many small businesses we have helped.

Message from the CEO

"I wanted to create a business that positively impacts small to medium businesses."

We are driven by the belief that small businesses are the engine of change in society. GRID enables these creators and doers to generate economic activity that creates employment because of the products they have built and services they deliver. The impact that business owners have on broader society is discreet, un-celebrated and profound. They are the people worthy of backing and support as they are the true vehicle of change in our society. We are delighted to welcome you to the GRID and wish you every success as you grow your business.

Derek F. Butler, CEO

Picture of GRID Finance CEO, Derek F. Butler
Picture of GRID Finance CEO, Derek F. Butler

GRID Timeline

  • 2021

    GRID focuses on new products to drive the financial resilience of SME’s as part of its new 3 year plan. These new products will complement its provision of capital to SME’s.

  • 2020

    GRID suffers at the hands of the pandemic but nonetheless we continue to support all of our customers and it becomes GRID’s first year of profitability. Total lending €6.7m.

  • 2019

    GRID scaled back to drive towards profitability. The GRID platform is launched and all existing customers successfully migrate. Total lending €10m.

  • 2018

    Team expands from 3 to 25 and multiple products launched. GRID starts to the build ‘The GRID’ platform. Total lending €10m

  • 2017

    GRID launch GRID cash advance. Secure equity investment commitment of €3m from Oddyseus Fintech Fund. Total lending €5m

  • 2016

    GRID start developing GRID cash advance working closely with Fire Financial Services. Secure €30m in funding from Thiele Asset Management and Unbent Capital. Total lending €1m

  • 2015

    Model needs rework, change. It’s just not working!

  • 2014

    Seed investment secured from Enterprise Ireland, Kilcullen Capital and others. Launch of the initial model of the business

  • 2013

    Derek Foley Butler returns from working with GOAL in Haiti and starts GRID with Sean O’Riordan. They develop the first iteration of the business.

Our Manifesto

"It's absolutely clear as we've worked with small businesses in the last five years that they are heavily undercapitalised."

We are driven by the belief that small businesses are the engine of change in society. GRID enables these creators and doers to generate economic activity that creates employment because of the products they have built and services they deliver. The impact that business owners have on broader society is discreet, uncelebrated and profound. They are the people worthy of backing and support as they are the true vehicle of change in our society. The change we seek is driven by people.

GRID is building a network of business owners and decision makers that grow their business with GRID. We provide business owners with the best fund raising experience in the market giving credit-worthy businesses quick and easy access to finance. The GRID works with business owners to provide an engaging, straight – forward destination for growing their business. GRID demystifies finance for small business owners by helping them understand their options and what’s right for their business. We compete on experience, not on price. Access to capital products fueled by the GRID Score is our principal value proposition. We are powered by our values everyday and these values drive the experience of all of our customers, partners and team members.

See how our main product works in the video below