Oireachtas Joint and Select Committees

Tuesday, 15 April 2014

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB

2:50 pm

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

In terms of the budget for 2013, I want a figure for what was allocated and what was drawn down. It is one thing to say that there is approved lending. We have got feedback from businesses that loans are often approved but the drawdown conditions are so unreasonable that businesses do not proceed to draw down. Also, the length of the approval process for drawing down is a major issue.