The Business Lending Blog

Loan Book Report Q1 2019

Amanda Germaine

Posted by on 10th April 2019



The first quarter of 2019 was another record quarter for the platform with €11.3 million in business loans issued to Irish SMEs. 
 
I’m also pleased to announce that there was a slight decrease in the platform-wide default rate which fell from 1.1% in Q4 2018 to 1.05% this quarter.
 
In addition, we continued to make progress on recoveries and missed payments. We recouped more than €104K in arrears from loans more than 30 days late and we also brought 10 long-term default loans fully up to date.
 
Below you can see the full report for Q1 2019 which looks at all loans originated up to 31st March 2019…

If you ever have queries about a specific loan that you are involved in, please feel free to contact help@linkedfinance.com. We are always happy to assist in any way we can.

Topics:

Business Loans but Different

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Linked Finance connects great local businesses who need loans with thousands of individual lenders. This is about using technology to bring business lending back to basics; real people with savings lending to great local businesses at attractive interest rates. Businesses get the funds they need to grow, lenders make a fair return. Everybody wins!

If you need a loan to grow your business, talk to Linked Finance

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