No shortage of finance for good companies with sound propositions
A compelling and well-thought-out business plan is crucial when approaching potential funders, the experts say. Photo: iStock
Irish businesses in need of capital have various options open to them, ranging from bank borrowings and State grants through to private equity and floating on the stock market. Deciding on the best option can often be the main challenge.
“Irish banks are typically the first port of call for most companies and we continue to close attractive loan deals,” says David O’Kelly, partner and head of M&A with KPMG in Ireland. “The lending environment is somewhat cautious but good companies that can express their business plan along with mitigants for business risks such as inflation, availability of employees and market turbulence are getting access to the funding they require.”
