Boost for small firms
15th August 1981, Page 8
15th August 1981
Page 8
Page 8, 15th August 1981
— Boost for small firms
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.
If you've noticed an error in this article please click here to report it so we can fix it.
THE Small Firms Loan Gu antee Scheme has been tended to Northern Ireland.
Under the scheme, the G ernment will underwrite t major portion — up to 80 cent — of the risk on loans of to £75,000, this guarantee be9 reflected in a small increase the rate of interest charged.
It is hoped that the sche will help foster new enterpris and assist small companies w wish to build on initial succe but where collateral for fun borrowing is exhausted.
Clearing banks in Great Brit have been operating the sche since June 1; and anyo seeking further details shou contact their local branch of t Allied Irish, Bank of lrelan Northern Bank or Ulster Bank, use Freefone 2444 to contact t Department of Commerce.
Tags
Organisations:
Department of Commerce