€300 million loan scheme secured for businesses affected by Brexit

The government has secured the funds for a €300 million loan scheme to help businesses hit by Brexit.

Loans of between €25,000 and €1.5 million will be available to companies with less than 500 employees.

A government commissioned study shows that just 16% of SMEs have a contingency plan for Brexit.

Business Minister Heather Humphreys says it's important they begin to plan for the fallout: