Financial difficulty and rising costs are being blamed.
The Junior Enterprise Minister says the government is examining ways to support businesses, following a number of closures in the midlands last week.
The Corner House Bistro in Athlone, Kafe U in Clara and S and S Soap Sisters in Portlaoise announced they'd be closing down, with all three citing financial pressures as one of the reasons.
Speaking to Ronan Berry on Taking Care of Business Neale Richmond says Finance Minister Michael McGrath is looking at the debt warehousing scheme as an option for businesses.
He says he's aware of the impact rising costs are having:
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