New body aims to kickstart credit for small business

An effort to secure credit for small businesses will be lauched later today.

An effort to secure credit for small businesses will be launched later today.

The Credit Review Office has been established to take a second look at the decisions of banks to refuse, reduce or withdraw credit faculties.

The CRO will deal with SME's, sole traders and farmers who have experienced difficulties accessing credit from the banks covered by Nama.