Irish small firms discouraged from seeking bank loans

Irish small firms are the most likely in the EU to avoid applying for loans because they believe their application will be rejected. That’s according to a study of 6,287 small and medium-sized businesses across nine eurozone states. The ‘Discouraged Borrowers: Evidence from Eurozone SMEs’ study also suggests that younger, smaller firms are the most … Continue reading Irish small firms discouraged from seeking bank loans