Address: Ballysheedy, Gort, Galway                  Email: finance@smefinance.ie                          Phone: 085 197 5326

The mood amongst the small business community at the start of 2019 is cautious, according to the latest report from the Small Firms Association (SFA).

Small companies remain “a drag” on business lending growth, it has been claimed, as increased repayments cancel out rising rates of new lending.

Small businesses are driving economic growth but are still struggling for talent and investment.

The latest figures from the Central Statistics Office examining access to credit for small and medium sized businesses reveal how reliant Irish firms are on bank lending.

There are an increasing number of ways for SMEs to fund their business, but plenty of challenges too.

BleeperBike is seeking an investment of €175,000 for the stationless bike sharing company in its first equity crowdfunding campaign.

The Irish SME sector is to gain access to €100m in fresh capital from non-bank lender Capitalflow.

You hear the phrase Asset Based Lending mentioned a lot these days by finance providers in the market but there is a lack of knowledge and understanding of what exactly it is and how it can be used by a company to raise cash to fund their day to day working capital requirements but also for more strategic events such as mergers, acquisitions and MBO’s.

The inspiration to write this article was the numerous messages that I get every day, which, no matter the wording, all boil down to the following question: what is the best way to finance a start-up?

Startup founders have numerous paths to fundraising, from friends and family and angel investors to bank loans and venture capital. Crowdfunding is a newer form of fundraising that has become more popular lately.

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

Phone Contacts

Contact Sean: 089 955 3464

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finance@smefinance.ie

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