The Business Lending Blog

Loan Book Report Q3 2018

Amanda Germaine

Posted by on 15th October 2018



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 help@linkedfinance.com. We are always happy to assist in any way we can.

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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!

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