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
Sat, 18 Jun, 2016 - 01:00
Geoff Percival

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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CourtsSmall BusinessSMEBusinessFinancemicrofinance irelandPerson: Garrett StokesPerson: Niall O’DonnellanPerson: Paul ReidOrganisation: Microfinance IrelandOrganisation: SMEsOrganisation: SMEOrganisation: MFIOrganisation: Local Enterprise OfficesOrganisation: LEOsOrganisation: Enterprise IrelandOrganisation: LEOOrganisation: Local Government Economic, Enterprise, and Tourism Committee
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