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There has been an increase in SMEs looking to borrow money to finance growth in the first half of 2019, according to a report by the BVA BDRC SME Finance Monitor.
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The Spiders, the Irish Oscars for all things digital, takes place in the RDS on 21st November, and the shortlist is announced today.
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In this post we look at going back to business basics, there are some key things that you should be focussed on from customers to goal setting to competitive analysis. Read on to find out 6 key business basics for SMEs:
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Ricky Shankar, Chairman of Clear Factor, explains how his own experience with banks led to the creation of Clear Factor - a decentralised global invoice financing ecosystem.
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RAY O’NEILL WANTS to build Wall Street-style management techniques for the renewable energy sector with his startup, Fincovi, which helps companies manage their financial workflow.
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Confidence levels amongst Irish SMEs have slumped to a record low, although firms based in Munster are the most optimistic, according to a survey. Latest findings from the Small Firms Association (SFA) show only 45% of member SMEs feel the business environment is improving.
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- Figures show that 90.3% of new SME lending was from the top three lenders in Q4 2018
- Working capital remains the most common reason for credit applications among micro and small firms
- Rejection rates on bank finance applications have tended to stabilise recently
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In terms of business loans, SME finance and business finance banks look carefully at SME companies before they lend money, especially in more challenging funding environments like the present one.
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Mark Fielding from ISME takes a look at the economic impact of Brexit and provides some key points for small businesses to consider in the wake of the referendum.
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Nearly half of SMEs in the Republic have cancelled or postponed investment plans because of Brexit, according to a survey by AIB.
SME Finance
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