Q3 was another strong quarter for the platform. We originated more than €9.3 million in lending to businesses across Ireland.
I’m also pleased to announce that we have seen a reduction in the default rate on the platform, falling from 1.07% in Q2 to 0.95% now.
This is largely due to the significant progress we have made on recoveries. To date, we have recovered more than €132,000 from loans that have entered default.
Below you can see the full report for Q3 2018 which looks at all loans originated up to 30th September 2018…
If you ever have queries about a specific loan that you are involved in, please feel free to contact firstname.lastname@example.org. We are always happy to assist in any way we can.