Enda Mc Donagh

Our Managing Director Paraic O'Mahony LIB QFA EFA will be a special guest on the AIBF Business Talk Podcast tomorrow morning at 8am🎙️ They will be discussing all things pensions and more, so stay tuned for valuable insights and advice on how to secure your financial future 📈 #financialbrokerage #pensions #financialadvice #businessallstars #aibfbusinessttalk

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Business Loans for Irish SMEs: Pros and Cons Traditional bank loans can be challenging for Irish SMEs due to high interest rates, rigid repayment terms, and hidden fees. Why Seek Alternatives? High and variable interest rates. Rigid repayment schedules and late fees. Complicated fee structures. Specific loan purposes required. Alternative Financing Options: Government Grants: Available through Enterprise Ireland and local County Development Companies. Invoice Financing: Borrow against future payments to manage cash flow. Peer-to-Peer & Crowdfunding: Raise funds from many small investors. Venture Capital & Angel Investors: Equity-based funding with potential strict terms. GRID Finance: The Leading Alternative Quick Approvals: Less paperwork, approval in 48 hours. Flexible Use: No specific loan purpose required. Adaptable Repayment: Align with cash flow cycles. Rolling Credit: Top up loans without reapplying. Daily Sales-Based Repayment: No late or hidden fees. Read more here Advantages and Disadvantages of Bank Loans for Irish SMEs (gridfinance.ie) GRID Finance – OPEN FOR BUSINESS #IrishSMEs #BusinessLoans #FinanceAlternatives #GRIDFinance

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Irish businesses are busy preparing for Pension Auto-Enrolment, expected to be introduced later this year. On Wednesday 24 April our Pensions Group, with input from our colleagues in the Employment Group, will host a hybrid seminar to discuss key takeaways from the Automatic Enrolment Retirement Savings System Bill 2024. Important learnings will include: ☑ Which employees will be caught by the auto-enrolment system ☑ Which employees will be exempt from the auto-enrolment system ☑ What to consider if you currently operate an occupational pension scheme or PRSA ☑ What decisions need to be made to get auto-enrolment ready ☑ What the consequences are for non-compliance Register your interest for the event here: https://lnkd.in/eFgEzrnu #pensions #autoenrolment

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Term loans are a staple for Irish businesses, offering a straightforward financing option with a fixed interest rate over a predetermined period. Yet, many encounter challenges such as loan inflexibility, difficulty obtaining desired funding at favourable rates, lengthy application decision times, and the uncertainty of securing funding in time for crucial opportunities. This post explores the landscape of business term loans in Ireland and introduces three viable alternatives tailored to your company's unique needs: revenue-based finance, invoice discounting, and line of credit facilities. Each option presents a solution to overcome the common hurdles faced with traditional term loans, ensuring your business has the agility and support it needs to thrive. Link to blog - https://lnkd.in/ezhfayav #Finance #BusinessGrowth #FundingSolutions #workingcapitalsolutions #businessloans #revenuebasedfinance #irishbusinessloans #businessexspansion #FinancialFlexibility #CashFlowManagement

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Are you looking for a lucrative business opportunity in the growing financial services industry? At FIFO Capital Ireland, we provide innovative cash flow solutions to businesses across Ireland, and we’re expanding! We are seeking motivated business partners and franchisees to join our thriving network. ✅ Proven Business Model: With years of success, FIFO Capital’s unique approach to financing helps businesses thrive by offering flexible cash flow solutions. ✅ Be Your Own Boss: As a partner or franchisee, you’ll have the independence of running your own business with the backing of a trusted brand. ✅ Comprehensive Training & Support: We equip you with everything you need to succeed, from in-depth training to ongoing support in operations, marketing, and sales. ✅ High Demand: SMEs across Ireland need innovative finance solutions to grow and manage cash flow. This is your chance to provide a crucial service and help businesses succeed. Are you ready to be part of a dynamic and growing market? Let’s build a successful future together! Contact me for more insights into this opportunity. #BusinessOpportunity #FranchiseOpportunities #FinancialSolutions #FIFOcapital #Franchisee #BusinessPartners

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The latest MyHome.ie Property Report for Q2 2024, published today, cites the strong labour market and looser lending rules as some of the factors driving house prices. Conall Mac Coille, Group Chief Economist at Bank of Ireland and author of the report said: : “The clear message from the Q2 2024 MyHome.ie Property Price Report is that house prices have gained further momentum. Asking prices rose by 5% in Q2 2024, up 7.3% on the year, the highest figure since Q3 2022." Read the full MyHome.ie Property Report for Q2 2024, in association with Bank of Ireland below.

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Can be a difficult decision to phase cash into investments but long term is the right from a return point of view.

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With less than three months to go until a one-day summit challenging SME leaders to realise their potential returns to Belfast, business activity across Northern Ireland has been confirmed to be on the rise. With inflation coming under control and consumer confidence beginning to rise, Ulster Bank’s latest PMI Growth Tracker shows the expansion of business activity in Northern Ireland’s private sector is now the strongest of all UK regions and nations. While the report notes the strongest growth was in the manufacturing and services sectors, the ScaleX™ Summit will aim to inspire SME leaders across all industries to capitalise on our growing private sector and elevate their business. The brainchild of Simple Scaling co-founders, Brendan McGurgan and Claire Colvin, the ScaleX™ Summit will take place at ICC Belfast on Wednesday, November 13 and is set to attract over 900 businesspeople from across the UK and Ireland. https://lnkd.in/eHq5FeXE

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