News Formal

Linked Finance hits €300m milestone in lending to SMEs

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 22 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 61%

News Nouvelles

Business,Smes,Linked Finance

Non-bank lender Linked Finance said today that it recently passed the milestone of lending over €300m since its launch in 2013.

More than 4,200 SMEs have received funds from Linked Finance since 2013 as it continues to play a vital role in driving economic growth and empowering SMEs nationwide.

Linked Finance said today that it has noted a significant growth in loan sizes, with the average loan size increasing from €18,000 in 2013 to €115,000 this year. Through this partnership, Linked Finance will lend €50m to SMEs across Ireland at discounted rates allowing eligible customers affected by the economic consequences of the conflict in Ukraine access to unsecured loans of up to €250,000, at a discount of 20%.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 16. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

SYS Group acquires Cork-based Global Life & FinanceIt is the fourth acquisition for the Tipperary-headquartered financial services company
La source: IrishTimes - 🏆 3. / 98 Lire la suite »

Finance union chief calls for ‘pause’ on bank branch closures for five yearsCall at Financial Services Union conference in Belfast is to give time to consider future of branch banking
La source: IrishTimes - 🏆 3. / 98 Lire la suite »