ISME, the Irish SME Association, today (23rd January) released its quarterly Bank Watch survey for Q4’18. The results show a decrease in loan refusal rates, decreasing from 29% to 12%. Demand for credit remains high at 30%. Waiting time from decision to drawdown is on average 8 weeks. The Association highlights the need for more credit to be made available to SMEs and the length of time it’s taking for SMEs to access finance. It calls for banks to promote the SBCI funds in a more coordinated manner.