Invest NI responds to credit crunch concerns

Invest Northern Ireland has responded to the growing concern among Northern Ireland businesses about the potential effect of the credit crunch, by updating its website with specific information that can help businesses through the unsettled economic climate.

The new ‘Beat the credit crunch’ section’ of the website focuses on two main areas: managing finance; and increasing efficiency. It features advice on managing cashflow and bad debt and improving a business’s environmental efficiency. It also offers an extensive range of resources to help businesses plan, prepare and protect themselves against a financial downturn.

Rodney McMullan, manager, says: “The potential impact of the credit crunch is a worry for some, so we wanted to make it easier for our customers to access and digest this content quickly and efficiently. Our vision is to provide them with easy, efficient steps to help them protect themselves.”

Businesses can also access a tool which can identify areas that could help improve performance and your chances of survival. This interactive resource helps businesses to analyse key areas of their finance and administration, in order to improve their performance.

As well as the online resources, businesses can get further information and guidance by contacting on 0800 027 0639.

Advisers are available to put callers in touch with specialist business support services that can advise on particular areas. provided by Invest NI, is a comprehensive source of online information and advice, tailored for Northern Ireland companies.