2020 is the year where many people have turned to online shopping in a major shift in consumer behaviour. Of course, much of the change has been driven by the…
Redundancy represents a major life event for those impacted. To add to the complexity of the financial challenge, those affected often report feeling overwhelmed by having to consider complex financial decisions at the same time, without personal expertise or professional support.
There’s no doubt the arrival of COVID-19 in Ireland was as unexpected as it was sharp. Businesses across the country have been challenged like never before. In addition to the devastation Covid-19 has inflicted on cash-flow and day-to-day operations, it has also introduced significant challenges too. This includes how business owners can plan for and protect the health of its customers.
The purpose of the SME Credit Guarantee Scheme is to encourage additional lending to SMEs by offering a partial Government guarantee (currently 80%) to banks against losses on qualifying loans to eligible SMEs. The Credit Guarantee Scheme does not substitute for conventional lending that would otherwise have taken place.
14th July 2020
14th July 2020
Business, Covid-19
credit guarantee scheme, Irish sme loans, sme lending ireland