SMEs play a vital role in our local community, creating employment and stimulating economic activity. Many SMEs have been hit hard by the Covid 19 pandemic and may need support with working capital or term loans.

The Covid-19 Credit Guarantee Scheme (the “Scheme”) is provided by the Government of Ireland to facilitate lending to businesses adversely impacted by Covid-19. Cara Credit Union’s participation in the Covid-19 Credit Guarantee Scheme enables us to facilitate the provision of liquidity and working capital to local businesses through term and working capital loans.