We thought it would be useful to share with you, the significant Lending matters to consider in dealing with this Pandemic.

  • Credit policy needs revision to cover the practical scenarios of dealing with members applying for emergency loans due to the pandemic 
  • Keep a focus on new lending 
    • Consider a COVID type emergency loan with quick turnaround; or top ups 
    • Online marketing – members have time on their hands – focused marketing campaigns 
  • Make the application process easy – move it online, speed up the turnaround time and have clear lending criteria 
  • Communicate, communicate, communicate with clients to let them know what is happening and what you can do for them

Contact Us:

Colm O'Grady - Audit & Business Advisory Partner 

Ronan Kilbane - Audit & Business Advisory Partner

Michelle O'Donoghue - Audit & Business Advisory Director

Aine Dunne - HR Consultant