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

Allergan

 

Allergan was established in Westport in 1977 and has repeatedly expanded over the last four decades, contributing significantly to the local economy.

The Westport facility is now the largest manufacturing plant within the company network, and it also has the largest number of Allergan staff in one location, outside of the company’s corporate headquarters.

In Ireland, our focus fosters deep engagement with medical specialists and we make it our business to listen closely to their needs so that together we can advance patient care. We combine this strategic focus with a diversified approach that enables us to follow our research and development into new specialty areas where unmet needs are significant.

In partnership with the medical community, we bring scientific excellence and rigour to deliver leading products that improve patient outcomes. We know we are successful when doctors and patients place their trust in our products and our company, when our employees excel and when our efforts make a meaningful difference in the lives of the patients and communities we serve.

Updates by Month

Click a year to expand/contract

Westport Chamber of Commerce ©

Admin