Microfinance Ireland cuts interest rates for SMEs

Microfinance Ireland, the State-backed SME lending vehicle, has announced a 1% cut in the interest rates it charges borrowers.

Microfinance Ireland cuts interest rates for SMEs

MFI has also said that in partnership with the nationwide network of Local Enterprise Offices (LEOs), it is introducing a mentoring/support programme aimed at offering expert assistance to approved loan applicants.

“The interest rate cut and mentoring support will mean our business loans are now even more affordable.

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