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CREDIT REVIEW - CREDIT WHERE IT’S DUE

20/1/2023

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Credit Review was set up in 2010 by the Minister for Finance and provides an independent appeals process for SMEs, sole traders and farmers who have had bank credit facilities refused, reduced or withdrawn, or who need to restructure debt. It also operates a helpline for business borrowers who are having difficulty getting credit. Credit Review sees at first hand the issues faced by SMEs and farm businesses seeking bank credit to grow and develop their businesses.

While 2022 started positively for Irish SME’s following the lifting of Covid restrictions, the war in Ukraine has set back recovery and a number of significant challenges remain for businesses. All of this means that SME’s may require additional bank finance, or need to restructure their existing debt, to make repayments more manageable in the current business environment.

If your business is experiencing any of the following, contact Credit Review:
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  • credit facilities refused, reduced or withdrawn
  • need to restructure existing debt
  • difficulty getting credit or loan facilities of up to €3 million
  • experienced an unfavourable change to existing credit terms and conditions.

The process is independent, easy to complete and covers applications for new loans or restructured credit facilities from participating banks (AIB, Bank of Ireland, PTSB and Ulster Bank).

Visit www.creditreview.ie to see if you’re eligible.
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