Dáil debates

Wednesday, 12 May 2021

Loan Guarantee Schemes Agreements (Strategic Banking Corporation of Ireland) Bill 2021: Committee Stage

 

6:15 pm

Photo of Damien EnglishDamien English (Meath West, Fine Gael) | Oireachtas source

I assure the Deputy that we do have one-on-one engagements. I have an interest in finance due to my background and I often engage with companies on a one-on-one basis to assess their figures. A question was asked earlier about companies that do not pay rates and are missing out on supports. While they do receive the wage subsidy payments and can access finance and some of the schemes, they are not getting access to all of them. We have engaged with that sector and I have engaged with quite a few of the different businesses that do not have a rateable premises. We have gone in behind the figures to see what fixed costs they have been dealing with every day and week for the last year. We are trying to respond to their needs as well and we can only do that by engaging with them to assess their costs and difficulties. That is what we do and that is a part of the work that I enjoy doing. I assure the Deputy that that is being done.

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