Tánaiste welcomes Credit Union participation in COVID-19 Credit Guarantee Scheme
more options for Irish SMEs and primary producers
The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD today (Thursday 14 January) announced the participation of Metamo Credit Unions and three non-bank lenders: Linked Finance, CapitalFlow and Finance Ireland, in the governmentâs â¬2 billion COVID-19 Credit Guarantee Scheme.
The Credit Guarantee Scheme is the biggest ever state-backed loan guarantee in Ireland. The Scheme offers an 80% Government guarantee to participating lenders to provide Irish businesses, including those in the farming and fishing sectors, with access to low interest loans as they respond to the impacts of COVID-19.
Tánaiste Welcomes Credit Union Participation in COVID-19 Credit Guarantee Scheme
The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar T.D. today (Thursday, 14th of January) announced the participation of Metamo Credit Unions and three non-bank lenders: Linked Finance, CapitalFlow and Finance Ireland, in the Government’s €2 billion COVID-19 Credit Guarantee Scheme.
The Credit Guarantee Scheme is the biggest ever state-backed loan guarantee in Ireland. The Scheme offers an 80% Government guarantee to participating lenders to provide Irish businesses, including those in the farming and fishing sectors, with access to low interest loans as they respond to the impacts of COVID-19.
by Contributor on Monday January 11 2021
A Virtual CNOY means registrants can walk and fundraise on their own or with their team, and they’ll design their own 2 km or 5 km route to walk, closer to home, at a time that works for them on February 20th (or anytime in February). Submitted photo
Looking back over 2020, the Nelson CARES Society has had much to be grateful for in the midst of the COVID-19 pandemic.
So many of their efforts have come to fruition, and they have the community and their staff to thank for much of their successes.
As they head into the New Year, they need to continue to fundraise for their Ready for Home program. They just launched their upcoming Coldest Night of the Year campaign (CNOY).
Bill and Lori Craig of Better Life Fitness; submitted photo
Better Life Fitness in Rossland is one of many businesses that have suffered dramatic losses during the COVID-19 pandemic. Will these businesses survive to serve residents once the pandemic has passed – however long that may take? And what can residents do to help ensure their survival – at least, those residents who haven’t suffered disastrous losses of income themselves?
Lori Craig and her husband Bill started Better Life Fitness sixteen years ago, renovating the old Nelson and District Credit Union building and providing a space and the equipment for people to do their walking or running on treadmills, or to use the lower-impact elliptical trainers, and to develop strength using a variety of other machines, and weights. People recovering from injuries and surgeries and dealing with disabilities have all benefited from the gym and Lori’s expertise. This reporter has been a member off and on for years, and I