Saturday February 22, 2020

Entrepreneurship: Finding an alternative form of finance

When the banks turn down your request for funding, First-Step Microfinance may have the perfect solution, writes Dave Boland.

26th February, 2012
Lorna Coleman of First-Step: 'Our mission is to ensure that anyone in Ireland who has a business idea can have access to finance.' Photo: Lorraine Teevan

Access to finance - or the lack thereof - is arguably the single greatest impediment to enterprise in the Ireland of the 21st century.

No matter how much inspiration or perspiration is expended during the nascent stages of a business, unless a start-up can be built on on air and sales, it will need some form of finance to get it going in the first place.

However, with even the most established businesses finding it...

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