Oireachtas Joint and Select Committees
Tuesday, 13 November 2012
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Lending to Small Business: Discussion
2:30 pm
Peadar Tóibín (Meath West, Sinn Fein) | Oireachtas source
Mr. Trethowan mentioned that parking should happen with regard to legacy debts. Is that regularly happening with regard to businesses with other debts? The reduction of the loan book may not be definitive but nonetheless it would that indicate that it is a fair indication of ISME's experience because the trend is going in that direction.
Mr. Trethowan mentioned in his report that a tipping point is happening of businesses surviving on directors' loans, and that is drying up. What significant effect will that have on business and their experience?
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