Mr. Declan Hughes:

It is something that is always on the agenda in terms of the financing options as they are presented. When it comes to Strategic Banking Corporation of Ireland loans and how we work with the banks we are constantly trying to get the loans down. With the future growth loan scheme we got down to 3.5% for anything over €250,000. As was stated politically by the Minister for Finance, Deputy Donohoe, and the Minister for Business, Enterprise and Innovation, Deputy Humphreys, this is a key objective of the credit guarantee scheme. The State is stepping in to provide the guarantee and is trying to reduce the interest rate absolutely.