Information for SME borrowers concerned about financial difficulties

We understand that life can be unpredictable, and your circumstances might change during the term of your loan. We are committed to helping our members during these difficult times and we have an Information Booklet for Micro and Small Enterprises (SMEs) in Financial Difficulty. The information in our booklet may be helpful to you and explain the options and remedies that are available.

Our Booklet outlines the Credit Union’s procedures when dealing with Small and Medium Enterprises (SMEs) in ‘financial difficulties’ and gives information on the support which will be provided by the Credit Union to SMEs in this situation.

The Credit Union recommends that SMEs who are in or facing financial difficulties contact the Credit Union as soon as possible so that a possible solution can be discussed and approved.

For more information please call to the Credit Union for a copy of our SME Information Booklet, download it here or email our Credit Control team on asu@enniscorthycu.ie

Credit Control

Our dedicated credit control team is on hand & ready to offer our members financial guidance when in difficulty. It is crucial to contact us early as we will be in a much better position to assess the situation & put a plan in place, giving you peace of mind.

Correspondence

Please pay attention to our letters or phone calls, as failure to do so may affect your credit rating and may result in legal action.

Monitor Your Account

Keep an eye on your loan and repayments using your CU online+ account, this will help you keep track and ensure all payments are being made.

Stay connected with us, we are here to help

What to do


If you are facing a reduction in your income and are concerned about making your loan repayments, please contact us as soon as possible so that we can work with you on a solution.

WARNING: IF YOU DO NOT MEET THE REPAYMENTS ON YOUR CREDIT AGREEMENT YOUR ACCOUNT WILL GO INTO ARREARS. THIS MAY AFFECT YOUR CREDIT RATING WHICH MAY LIMIT YOUR ABILITY TO ACCESS CREDIT IN THE FUTURE.

If you would like to speak with a member of our team please contact us today.

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