Semi-state bank for small businesses ‘should be explored’

SFA director David Broderick says there is ‘frustration’ that the required financial products are not available

Enterprise, Tourism & Employment Minister Peter Burke with Small Firms Association director David Broderick. Photo: Jeff Harvey

The Small Firms Association (SFA) says the establishment of a semi-state bank dedicated to its sector should be examined.

David Broderick, its director, said the idea springs from a frustration among small firms that the sort of financial products they need, and that are aligned with their cashflow and growth stages, are not available.

source

Leave a Reply

Your email address will not be published. Required fields are marked *