Sunday December 8, 2019

Bruton forced to rethink credit guarantee scheme

Jobs and Enterprise Minister Richard Bruton is to bring proposals to cabinet in the coming weeks aimed at overhauling the Euro 450 million credit guarantee scheme.

30th March, 2014

Jobs and Enterprise Minister Richard Bruton is to bring proposals to cabinet in the coming weeks aimed at overhauling the €450 million credit guarantee scheme, a flagship government project that has failed to gain traction among credit starved SMEs.

The proposals stem from an external review of the scheme, which has recommended a number of legislative changes to how it operates.

It is expected that the eligibility criteria for firms seeking to avail of the...

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