The Government will run a higher surplus in the public finances than forecast at budget time, based on higher levels of Corporation Tax.
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In thinking about starting a business of their own, most future entrepreneurs see bank loans as their only source of resources.
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The amount that banks are lending to business is growing slower than at any point in the last five years as Brexit and other political uncertainty weighs on the market, new data reveals.
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Ireland expects to run a better-than-expected budget surplus of 0.4% of gross domestic product this year following another surge in corporate tax receipts, Finance Minister Paschal Donohoe said on Tuesday.
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Almost a third of Irish food sector SMEs have delayed investment decisions over the past three years due to Brexit uncertainty.
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It may seem to you that the lives of all other entrepreneurs are organized and awe-inspiring. You’d be forgiven for thinking that everyone but you holds it together. However, the reality of the situation is that, if you run a business, flexibility is the key to success.
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Cash flow issues, buying new equipment, expansion, more inventory for the busy season, or reinforcement of manpower, are just some of the reasons why business owners consider getting a business loan.
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Carbery Group has received a €35m business loan from the European Investment Bank (EIB) to support fund the construction of a €78m manufacturing plant, which it hopes will help Brexit-proof the business.
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If you are a small or medium business looking for a loan, there are many more alternative - and credible - sources of credit than you think.
SME Finance
If you are an SME or Sole-trader looking for finance to expand you business get in touch today.
We have the finance solution to meet your requirements.
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SME Finance Solutions
Ballybane Enterprise Centre
Galway
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Contact Sean: 089 955 3464
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