Category: sme

Irish SMEs ‘cautiously optimistic’ about the future – Facebook survey

A survey reveals that despite enforced business closures, challenging restrictions and loss of revenue, 51% of Irish SMEs are feeling optimistic about the future of their business. The Future of Business Survey, run by Facebook in collaboration with the World Bank and the OECD, surveyed 30,000 SMEs on the social media giant across 50 countries […]

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Crucial six months ahead for SME sector

Decisions taken in the next six months will impact the small and medium enterprise sector for the next five years, according to a treasury specialist who works closely with the sector. John Finn, Managing Director of Treasury Solutions – which helps businesses deal with a range of issues including cash flow, lending and currency management […]

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Central Bank: SMEs will need up to €5.7 billion in funding to weather coronavirus storm

The Central Bank has said that small and medium-sized businesses will need up to €5.7 billion in emergency cash as a result of the Coronavirus lockdown to cover costs. The deputy governor of the Central Bank, Ed Sibley, said that SMEs have a really important role to play in the Irish economy, both socially and […]

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SMEs could require up to €5.7bn in liquidity supports

Small and medium sized firms here could need up to €5.7bn in liquidity supports over the coming months as a result of the Covid-19 crisis. According to a new paper from the Central Bank, the policies to contain the spread of the virus have placed a temporary block between the consumption demands of households and […]

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Government’s €300m Brexit funding scheme for SMEs opens

Government’s €300m Brexit funding scheme for SMEs opens Small and medium sized businesses here, as well as farmers, can now apply for loans under the Government’s Future Loan Scheme. The initiative aims to support strategic long-term investment in the post-Brexit environment where financing options may be restricted. Money borrowed can be use for a variety […]

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New €300m Future Growth Loan Scheme for SMEs

New €300m Future Growth Loan Scheme for SMEs A new loan scheme for SMEs and farmers will see €300m being made available for them to support their strategic long-term investment plans after Brexit. SMEs will be able to apply for loan eligibility through the Strategic Banking Corporation of Ireland from April 17. Three finance providers […]

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