E258 That Great Business ShowUCD Smurfit, 'Podcast of the Year'. David Malone, CEO, Irish League of Credit Unions, new SME loans from your Credit Union.New rules mean Credit Unions can treble the amount they lend to businesses.You could end up lending money to yourself, as every borrower must become a CU member (but David is very, very keen to bust the myth that you can only borrow if you have money already on deposit. ( Not True!). Average lending to business is €35,000 but can rise to €500,000.You can say 'no' to computer as they want to see you, if it suits, in person, in their branches. They say their USP is being local and wanting to understand your business.From October you'll have instant payments from your CU account, worldwide.They have a very successful lending initiative with the agricultural sector and they want to replicate that with other sectors now.He wants to hire John Hume, Derry Credit Union founder and Nobel Prize winner (RIP) as his 'hire in a heartbeat'.Feargal O'Sullivan, The Morrison Legacy FoundationAround 45,000 Irish people got 'Morrison Visas' back in the early 1990's thanks to US Congressman Bruce Morrison. This was a lifeline for many. Now, some of those recipients want to say 'Thanks' to Bruce Morrison at a Big Bash at the spectacular Rainbow Rooms at the Top of the Rock in Manhattan. They want to collect the stories of those who came to the States on those unique visas, to tell their story. If you are one of them, you can write your personal story on their website Morrison Legacy dot com. However, if you are one of those who 'done good' from your time now or previously in the US, on the back of a Morrison visa, you can say a bigger thank you by buying a ticket to the event. If you've done really, really well from your time in the States, or what you learnt during your time in the States, you can break out the wallet and take a Top Table for Ten, for $50,000. It promises to be one hell of a night.Feargal's 'hire in a heartbeat'? Barrack Obama. (Feargal was quite coy about who might rock up on the night. Barrack???)Find all episodes at www.ThatGreatBusinessShow.com Hosted on Acast. See acast.com/privacy for more information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related