The lowdown: debt-free growth
A recent OECD report showed that Irish SMEs had the second highest debt-to-surplus ratio among members in 2014
There is a pressing need to consider alternative funding options as Irish SMEs gear up for growth and look to cut debt levels.
A recent OECD report showed that Irish SMEs had the second highest debt-to-surplus ratio among members in 2014, at 6.9, behind Portugal at 7.6 and matching France, also at 6.9. These are figures worth considering in tandem with a number of interesting findings from the Central Bank’s recent SME Market Report.
It found that...
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