| AIB report: 62% of businesses are 'not familiar with equity finance' |
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| Most Irish SMEs rely on traditional forms of finance to grow their business, despite a large increase in the availability of alternative sources of capital for SMEs at all stages of their development, according to a new research report, 'Equity Finance - The Irish Equity Challenge' published today (February 1st). The research, by Ipsos MRBI for AIB, finds that 71% of those surveyed said they were partly financed by the reinvestment of profits from the business, while 56% also relied on traditional bank debt in the form of a business loan or overdraft. |
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