As small and medium businesses continue to be hardest hit by the Covid-19 pandemic, alternative lenders remain an invaluable crutch.
Thanks to a bumper year, Linked Finance has surpassed €150m dished out to more than 2,700 SMEs.
The Irish peer-to-peer lender flew past the milestone after issuing €9.6m in loans in the first quarter of 2021, a four per cent increase on the year before.
“Reaching the milestone of €150m shows the continuing migration there is by SMEs to the fast and efficient approach that alternative fintech lenders like Linked Finance can offer,” Niall O’Grady, CEO of Linked Finance, said.
https://www.altfi.com/article/7794_irish-p2p-lender-smashes-eur150m-lending-milestone-as-appetite-for-sme-loans-continues