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Linked Finance hits €200 Million milestone in lending to SMEs €200 million in lending since its inception in 2013. Linked Finance lending to Irish SMEs more than doubled in under 2 years despite Covid Over 3,300 Irish SMEs have now funded by the platform Forecasting to lend €100m in 2024 Lenders on the platform have […]
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Irish SMEs show resilience with profit improvement despite inflation and Ukraine pressures. 82% of businesses report performance better or in line with expectation in H1 66% of businesses report higher or same profitability compared to last year Business Optimism up slightly to 62 in Q2, after sharp decline in Q1 42% of SMEs are charging […]
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SME optimism stalls in first quarter on Ukraine and inflation concerns. Business Optimism Index at 61.1 in Q1 down from 67.9 in Q4 2021 The lowest index level since Q4 2020, in the middle of the Covid-19 pandemic 39% of SMEs are charging higher prices but margin squeeze is limiting profitability Smaller SMEs are most […]
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Ireland’s leading P2P digital lending platform is further reducing barriers to lending by speeding up the lending process application time through open banking New service available for business owners who need faster, more efficient access to finance The new service is part of the platform’s wider efforts to support ambitious Irish SMEs as they navigate […]
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Linked Finance welcomes the Central Bank’s announcement on crowdfunding regulations, which marks official recognition of the important role peer-to-peer (P2P) lending has to play as a source of funding to help growth the SME sector in Ireland. For several years we have been seeking an Irish regulatory framework and this announcement is a useful move in that direction. […]
