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Traders - were you refused credit? 03.09.09

BUSINESSES in Inishowen are being invited to tell the Government if they have been refused credit by their banks.
Viable businesses can now use a new dedicated email address established by the Department of Enterprise, Trade and Employment to pass on information about their experiences getting credit from their banks.
Donegal North East T.D., Deputy Niall Blaney welcomed the move, saying it was vital that businesses passed on this information so that relevant departments got a full picture of the flow of credit from banks to struggling businesses around the country.
“This is just part of the Government’s ongoing work under its Credit Supply Clearing Group to identify specific patterns of events or groups of cases where the flow of credit to viable businesses appears to be blocked," said Deputy Blaney.
“The Clearing Group includes representatives of small business, the banks and enterprise development agencies and it will report to the Government on its findings.
“I want to encourage viable businesses in Donegal to make submissions to the Government via the email address if they are having difficulty accessing credit,” he added. The email address is creditsupplyclearinggroup@entemp.ie .

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