New lending for SMEs costlier than existing credit

The overall volume of loans taken out by Irish SMEs continues to fall into its seventh year as interest rates they are charged on their new loans remain the highest in Europexx and are more expensive than the charges faced on existing loans.

New lending for SMEs costlier than existing credit
Wed, 28 Mar, 2018 - 07:00

By Eamon Quinn

The overall volume of loans taken out by Irish SMEs continues to fall into its seventh year as interest rates they are charged on their new loans remain the highest in Europexx and are more expensive than the charges faced on existing loans.

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