A Merchant Cash Advance is a flexible financing option that frees up your businesses’ future income and provides funding today. What does that mean exactly? With an advance, the business receives a lump sum which is repaid daily using a percentage of their credit and debit card sales.
The latest Linked Finance SME Confidence Index includes a focus on the difficult faced by SMEs in accessing credit, in light of the recent changes in the financial landscape in Ireland. Overall, there were positive indicators from the Index. The optimism score amongst Irish SMEs was 67.9 (up from 49.5 a year ago), close to the all-time high of 69.1 in Q3 2018.
Open Banking was introduced as part of the Payment Services Directive 2 (PSD2). But what does it mean for businesses applying for loans? Leveraging Open Banking capabilities, Linked Finance now delivers an application process that is faster and easier than ever before.
Depositing funds into your Linked Finance account has never been easier. Keeping your funds topped up means you’ll never miss out on a loan you like due to insufficient funds.
As a business owner, you don’t always have time to research the latest and greatest business tech tools. Running a company doesn’t leave much room for digital window shopping. Most of the time your nose is so close to the grindstone that it’s impossible to step back and see what’s new.
If something seems too good to be true, it usually is – but could the peer-to-peer (P2P) lending model turn this adage on its head for Irish investors? Peer-to-peer lending may seem new-fangled but it has been around for a number of years and it’s quickly establishing itself as an attractive asset class for first-time and experienced investors alike.