SI No 48 of 2015 Credit Guarantee Scheme 2015

The Scheme provides a State guarantee through the Minister to Banks of 75% on eligible individual loans or other debt facilities supported by the Scheme to viable Micro, Small and Medium-sized Enterprises (SMEs) within the meaning of Section 3 of the Credit Guarantee Act 2012. The purpose of the Scheme is to encourage additional bank lending to SMEs, not to substitute for conventional lending, and to support refinancing of bank lending, where banks are exiting the Irish SME Credit market.

Published by Indigenous Enterprise

Topics: Access to Finance

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