Whether in the hospitality industry or another sector many small- to medium-sized businesses may face the need to temporarily close for a period during this COVID-19 crisis.
Our advisory team outline some practical steps to consider and the supports that are available if you are faced with the need to temporarily close your business.
Dealing with short-term cash flow challenges
Talk to your bank or finance provider
Talk with your customers
€200m SBCI working capital scheme for eligible businesses
€200m package for Enterprise Supports through Enterprise Ireland
Loans up to €50k for small businesses where a reduction in turnover is projected at over 15%
Credit Guarantee Scheme through SBCI. Loans of up to €1m at terms of up to 7 years.
Contact our advisory team who are here to help any business facing challenges with Covid-19.