We know from talking to our customers and from our research that the small business community is experiencing significant challenges and trading conditions remain very difficult.
Securing sales and getting paid are the two big issues putting significant pressures on cashflow for most, if not, all Irish small businesses.
While access to adequate credit is a key need we also know that small business customers have other concerns. These include the need for regular communication and contact with someone who can help and support them. Small business owners also want to engage with people who understand the challenges they face and who can provide advice and solutions for their financial needs.
In AIB, we are acutely aware of our role and our responsibility to rebuild confidence which is an essential ingredient for economic recovery. We are determined to play a leading role and the introduction of the AIB Small Business Recovery Scheme is indicative of our intent in this regard.
I hope that the contents of this scheme may be just what is needed for your business at this stage of the economic cycle and I would urge you to make contact with your local branch Relationship Manager to discuss the options available to you.
Managing Director, AIB RoI