Co. Dublin, Ireland — 26 Mar. 2009 — V2020 has been recently launched in Ireland to help SMEs in the country access adequate and timely funds from banks. A core team of 50 independent business consultants have joined to perform a due diligence commercial viability assessment of small businesses and help them secure credit from banks.

V2020 Launched to Enable SMEs in Ireland Borrow Money from the Banks

50 Independent Consultants have joined with new venture V2020 in-order to help SMEs secure much needed credit from Ireland's banking institutions. Banks in Ireland are wary of lending money to business, in light of the recent property lending debacle. With the new venture, Banks will be able to avail of specific sectoral and functional expertise when assessing SMEs viability and will thus be in a position to extend credit to SMEs who have the right business characteristics to survive the current economic storm