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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).
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Small companies remain “a drag” on business lending growth, it has been claimed, as increased repayments cancel out rising rates of new lending.
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Small businesses are driving economic growth but are still struggling for talent and investment.
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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.
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There are an increasing number of ways for SMEs to fund their business, but plenty of challenges too.
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BleeperBike is seeking an investment of €175,000 for the stationless bike sharing company in its first equity crowdfunding campaign.
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The Irish SME sector is to gain access to €100m in fresh capital from non-bank lender Capitalflow.
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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.
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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?
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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.