Small and Medium sized enterprises (SMEs) play a key role in the Irish economy, representing 99% of all enterprises and employing 70% of total employees.
They have been severely impacted by the COVID-19 pandemic and their survival and recovery is critical to the economy. This is the reason why the Banking & Payments Federation Ireland has published the informative guide “SMEs: A Guide to Covid-19 Financial Support Measures”.
This guide provides information on:
• COVID-19 Payment breaks and how it will affect your loan;
• Accessing new or increased credit facilities and the type of information required in the COVID-19 environment;
• Key COVID-19 Government supports available to businesses.