The lender is to offer €50 million in loans to support capital expenditure and promote business investment for development, expansion and improvement

Permanent TSB has become the latest bank to take part in the Government’s €800 million Future Growth Loan Scheme, which promises long-term funding at (...)

Comptroller’s report notes performance-related payments of €479,000 were awarded to 56 staff at Nama in 2019. Photograph: Cyril Byrne

The State is facing an outstanding liability of more than €3.6 billion arising from personal injury and negligence cases, the report of the Comptrolle(...)

The last government  recognised the importance of planning ahead, and a number of government agencies are providing a range of financial supports for firms.  Photograph: Getty Images

Now that Covid-19 restrictions are being lifted on a phased basis, businesses should already have begun to develop strategies that will allow them to (...)

Strong differences over the pace of reopening the economy are evident in media coverage this weekend. Photograph: Dara Mac Donaill

If the Government does not rescue small businesses and stabilise employment, the State will have to bail out the banks once more, former top civil ser(...)

Some 19 per cent of loans have been provided to businesses operating in the manufacturing sector. Photograph: Getty Images

Businesses in manufacturing, wholesale and transport have to date tapped more than €30 million in loans provided under a partnership between the Strat(...)

AIB says the funding will assist farmers at a time of uncertainty, with the agri sector potentially the most impacted by the UK’s Brexit vote. Photograph: Bryan O’Brien

Finance Correspondent AIB has secured €60 million from the Strategic Banking Corporation of Ireland to support the cashflow and working capital nee(...)

Central Bank governor Philip Lane said the stock of loans to SMEs in 2016 is about half that in 2010. Photographer: Christopher Goodney/Bloomberg

Ireland has one of the highest shares of non-performing SME loans in the European Union, with many property-related loans secured on SME businesses d(...)

A mock customs hut put up by Brexit protesters at the border town of Carrickcarnon:  Ireland is heavily exposed to Brexit with about 16 per cent of our exports going to the UK, and 40 per cent of indigenous company exports going there.  Photograph: Clodagh Kilcoyne/Reuters

At the Ibec president’s dinner in the RDS last month, Taoiseach Enda Kenny said the budget would ensure that Ireland was “Brexit-ready”. It was a br(...)

SBCI chief executive Nick Ashmore (above): “These figures demonstrate the breadth of the SBCI’s impact and the appetite among Irish SMEs for lower-cost funding that is more flexible and SME orientated.  Photograph: Alan Betson / The Irish Times

The value of loans drawn down by SMEs from the Strategic Banking Corporation of Ireland (SBCI) almost doubled in the first half of the year, according(...)

Former Irish Permanent chief executive Billy Kane set up First Auto in 2011

First Auto Finance, the company set up by former Irish Permanent chief executive Billy Kane, saw profits jump by 43 per cent last year as income rose (...)

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