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Keane Finance Brokers » Archive for July 2009

AN Bord Snip Summary

July 17th, 2009 | 2 Comments

OUTLINE OF PROPOSALS Social and Family Affairs*Cuts to all social welfare payments by 5% – €850m*Reduction and changes to child benefit – €513m*An end to receiving two welfare payments – €100m* An end to payments for Community Employment Schemes for those already on benefit – €100m*Cutting benefits for dental, optical and hearing services – €92m*Grading of jobseekers allowance by age – €70m*Cutting the Family Support Agency – €30m*Changing eligibility for Family Income Supplement – €20m*Taxing household benefits package – €11.6mStaff cuts – NoneTotal cut €1.8bn Health and Children*Reduce the size of the Department by 10% a year over the next three years – €11m*Reduce HSE staff – €391.3m*Revise the income guidelines for the Medical Card to the basic rate of social welfare, the jobseekers allowance – €100m*Increase the threshold for the Drugs … Read entire article »

Filed under: Useful Links and Tools

Sourcing Finance Internationally

July 16th, 2009 | Add a Comment

Keane Finance Brokers are currently researching international finance for commercial lending. To date we have met lenders from the UK, France, Malaysia and the US. We have put a number of proposals to them and we are awaiting replies. Offers in Principle have been obtained for Hotel Finance in Ireland and also in Thailand. Offers in principle have been obtained for an large investment property in France. But we have to go through all of the due dilligence etc.. We believe commercial finance is still available if you get to the right channels. However, to try and find a secure finance channel is the difficulty. Share on Facebook … Read entire article »

Filed under: International Finance