Ms Suzanne Sweeney:

It does not fund individual invoices the way the Deputy described it. It funds debtor books. It gives a commitment to an SME of a limit for a two-year period. An SME can draw up to that limit and draw up and down. That is how this facility works. The lender must have funding to fund such facilities because of the way invoices come in and out on debtor books. It is not funding on an individual invoice basis.