MFI has also said that in partnership with the nationwide network of Local Enterprise Offices (LEOs), it is introducing a mentoring/support programme aimed at offering expert assistance to approved loan applicants.
“The interest rate cut and mentoring support will mean our business loans are now even more affordable.
“It also means that our clients can receive expert one-to-one mentoring through their Local Enterprise Office, greatly increasing their chances of commercial success and helping to sustain jobs in the longer term,” said Microfinance Ireland’s newly appointed chief executive Garrett Stokes.
For more on this story visit the following link: Microfinance Ireland cuts interest rates for SMEs
Source: Irish Examiner