Seanad debates

Thursday, 23 July 2020

Credit Guarantee (Amendment) Bill 2020: Committee and Remaining Stages

 

10:30 am

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

Let us also be clear that we are concerned that if we do not have this credit guarantee a lot of businesses might be in a position where they cannot access funding. They might fail and we would lose jobs. We want to do this, it is a business support and that is what we are trying to do here. Most people understand the necessity of doing that because this lending might not happen without this guarantee. As such it is about saving jobs and businesses. That is what we are trying to do and it is important that we do that.

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