Oireachtas Joint and Select Committees

Wednesday, 23 October 2019

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Update on Brexit Engagement: Minister for Business, Enterprise and Innovation

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

I thank the Deputy for raising that matter. The application, regardless of whether one gets the loan, takes 48 hours. One visits the Strategic Banking Corporation of Ireland's website to sees if one is eligible. Then one goes to one's bank and submits the application. I have met many businesses and, in fairness, one gentleman I met told me he had no bother getting the Brexit loan scheme. I asked the many businesses to tell me if there are problems with it so we could resolve them. I am surprised that all these organisations saw fit to send letters to the committee but not one of them has raised it with me. I do not know about what the British Irish Chamber of Commerce is saying. If there are specific details about what is wrong with it, I am happy to hear about them and deal with them.

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