Oireachtas Joint and Select Committees

Tuesday, 6 May 2014

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Access to Finance for SMEs (Resumed): Credit Review Office and Chambers Ireland

1:50 pm

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail) | Oireachtas source

I welcome Mr. Trethowan and I commend him on his work to date since 2010. Four years on there still seems to be a lack of awareness of the office. Does Mr. Trethowan have any thoughts on this? Does Mr. Trethowan receive support for his office from the banks? Is he sure when they decline a loan they pass on information about the office or is Mr. Trethowan picking up, as many of us are, that they are not so much declining loans as putting so many hurdles in the way of drawing down a loan that the customer may not do so? These delays between sanctioning a loan and drawing it down are not considered a refusal.

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