The Department of Business, Enterprise and Innovation published its First Quarter Report on the Department's SME Credit Guarantee Scheme, which guarantees up to 75% of loans made by accredited lenders to small and medium-sized enterprises (SMEs). The report noted that facilities of almost €4.5m had been sanctioned under the scheme in Q1 2018. The Wholesale/ Retail Trade and Repairs sectors received the most loans at 22% of the total