Our Twitter Page Our Facebook Page Site Logo
December 4th, 2013 @ 09:34

Increased Credit Approval Rate Good News for SMEs

Chambers Ireland has today welcomed the Red C Credit Demand Survey which points towards further stabilisation in the economy.

Speaking this morning, Chambers Ireland Chief Executive Ian Talbot said “This report is one of a number of recent indicators of positive momentum in the economy. Demand for finance has dropped while the overall approval rate for those seeking credit has improved suggesting that more SMEs are now on a sustainable footing. Furthermore, the forecast that the next six months that more SMEs will be looking for credit for investment and growth should have a positive impact on job creation.”

“The survey highlights the perception still held by a minority of SMEs that banks are not lending. We encourage any business of this opinion to take a chance and fill out a credit application form at their local bank. Government can also do its part by increasing awareness of the wide range of funding supports available to SMEs by specific and targeted information campaigns aimed at this audience,” he concluded.

Tags: Categories: Business News

Site Search

Featured Member

The Creel Restaurant

Cafe-Deli-Catering at the Quay in Westport.

The Creel specialises in good honest homecooked food with a friendly welcome!

We prepare hearty hot lunches and dinners daily, bake our own cakes & desserts, brown bread & scones on the premises, and a daily soup as well as our special seafood chowder. Our coffees are roasted by Greenbean, a dedicated roaster who source their beans directly. We also provide a Deli in the cafe with fresh Salads, our own preserves, pestos chutneys etc and a range of fresh Smoothies. If You require catering for any event give us a shout and we will be able to accommodate you.

Open 7 days a week from 9am to 7pm.

Business Listing

 

Updates by Month

Click a year to expand/contract

Westport Chamber of Commerce ©

Admin