ferrous sulfate 325 mg tablet viagra computers in the medical office

SME FUNDING

Three of the four banks receiving funding for loans to small business from the European Investment Bank have still not placed all the money more than a year after getting it, The Sunday Tribune reports.

Bank of Ireland, Ulster Bank and Bank of Scotland (Ireland) are still looking for suitable borrowers for the €250m extended to them last year. For example, only €25m of the €100m available to Bank of Ireland has been drawn down and another €70 allocated.

AIB is the only one of the four to have loaned its full share and it has applied for a second tranche.

Separately, The Sunday Business Post reports on an Intertrade Ireland survey that found 86% of small businesses are declaring a severe or moderate impact from the downturn.

The survey of 1,000 owner-managers in the Republic and Northern Ireland found that more than half had suffered a fall in revenue and profits in the first quarter of the year.  Cashflow was listed as the single most important issue facing businesses.

Tags: ,

We Are Here!

25 Herbert Place,
Dublin 2,
D02 A098,
Republic of Ireland.

T:+353-1-6766476
F:+353-1-6766783
E: info@noonecasey.ie