Linked Finance welcomes Central Bank announcement on crowdfunding regulations

Posted by on 15th January 2022


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. Linked Finance has always managed its business to meet international best practices introduced in markets where the P2P sector is more mature.

Since its establishment in 2013 Linked Finance has grown rapidly to deliver over €188m to over 3,100 ambitious local businesses in every county in the country. In 2021 Linked Finance issued ove €36m in loans compared to €19.1m in 2020, an increase of 90%.

Linked Finance is Ireland’s largest and longest established P2P lender. 

Business Loans but Different

A Better Way to Borrow for Your Business

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

  • You get a same-day credit decision.
  • You can borrow up to €500,000.
  • No early repayment penalties.
  • A friendly, no-hassle approach.
  • Promote your business.
  • Win new customers as part of the process.

 

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