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Posts tagged Farming Debt
Farming Debt Increases in Northern Ireland

Over the last six months, our banks in Northern Ireland are back reporting being profitable again, promoting the fact that they are lending, and even some going as far as to say that they are not receiving enough requests for funding from the SME community.  So would we be right in thinking that we are out of the woods and the bad old days of the global financial crisis are well behind us.  Unfortunately I wouldn’t concur with this opinion as the figures tell us that N Ireland is still the highest region per head of household debt, our SME community continues to face a legacy debt overhang from the property crash and the lack of finance available for development and construction projects continues to have a serious impact on the construction sector.

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