Davy Russell riding Presenting Percy clear over the last to win The John Mulhern Galmoy Hurdle  at Gowran Park  in Kilkenny, Ireland. Photograph:  Alan Crowhurst/Getty Images

The Cheltenham Gold Cup favourite Presenting Percy has been tagged a ‘Scarlet Pimpernel’ type figure but his local Galway track is shortly set to see (...)

Billy Kane predicted in November that some parts of the commercial real-estate market were “coming to the end of the life cycle”. Photograph: Bryan James Brophy

Finance Ireland, the State’s largest non-bank retail lender, is planning to refinance about €200 million of commercial property loans in international(...)

Finance Ireland chief executive Billy Kane at the company’s base on Pembroke Road, Dublin. Photograph: Bryan James Brophy

Billy Kane knew time was up in August 2008 for his lending business that allowed seniors to release equity in their homes when a Wall Street bank that(...)

Thursday: Brid Horan will address the Chartered Institute of Management Accountants on the progress of the Better Balance for Better Business review group, of which she is co-chair. Photograph:  Leah Farrell/RollingNews.ie

Monday Indicators: UK industrial trends orders (Sep); German current conditions, expectations and business climate (Sep). Tuesday Results: Clo(...)

In recent years, alternative finance providers have sprung up, making it easier for SMEs to access working capital, especially during their growth phases. Photograph: Getty Images

Typical lenders, such as the main banks, require personal guarantees or to lock people in to loans for a certain period of time, but in recent years o(...)

Punchestown: the racecourse said the Hunt Stand was completed on time and on budget

Punchestown Racecourse has invested €4 million in a new stand that it plans to open on the first day of its annual festival next week. The Kildare Hu(...)

UK non-bank lender Braemar Finance has launched a new business loan product in Ireland aimed at professionals finding it difficult to secure finance f(...)

First Auto Finance MD Frank Donnellan said while there has been some negative commentary around PCPs of late, he believes they are a great way to acquire a new car every few years

First Auto Finance, the car financing company set up by former Irish Permanent chief executive Billy Kane, has introduced a new long-term rental agree(...)

Close Brothers managing director Ciaran McAreavey: “We have played an important role in supplying credit to SMEs which wanted to grow or replace capital-intensive pieces of equipment.”
Plugging the lending gap

The onset of the economic crash in 2007 and 2008 was particularly harsh on Irish SMEs. Not only had they to contend with the steepest market downturn (...)

Companies that employ less than 50 make up more than 98 per cent of all businesses in Ireland. Photograph: iStock

When people say small businesses are the backbone of the Irish economy, they’re not kidding. Companies that employ less than 50 make up more than 98 p(...)

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