Significant Boost For Midlands SMEs And Agri Producers In Need Of Liquidity

A Laois credit union is among the first to be approved to lend as part of the CCG scheme.

A credit union in Laois is among the first in Ireland to be approved for a new government lending initiative. 

The Covid-19 Credit Guarantee Scheme is aimed at boosting SME's and Agri producers adversely affected by the pandemic. 

Applicants will be able to borrow between €10,000 and €1 million over periods of up to five and a half years. 

Head of lending in People First Credit Union in Portlaoise Jane Watts says it's a significant decision:

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