Linked Finance

Linked Finance is Ireland's leading peer-to-peer (P2P) lending platform that provides a transformative lending solution for Irish SMEs. The company facilitates unsecured business loans ranging from EUR 10,000 to EUR 500,000 with terms between six and 60 months. Loan requests from businesses go through a rigorous credit evaluation process before being listed on the platform, where retail investors can bid to fund them. As of April 2024, Linked Finance has provided over EUR 75 million in loans to more than 1,800 Irish SMEs across various sectors, with an average loan size of EUR 100,000 in the last six months.

Linked Finance's business model involves connecting borrowers seeking funding with investors looking to support emerging ventures through its online marketplace. It offers investors the opportunity to earn attractive returns, often not attainable through traditional investment avenues, by investing as little as EUR 50 in vetted SMEs. The platform charges businesses a 3-5% arrangement fee and provides investors with regular monthly returns starting immediately after funding a loan.

In February 2024, Linked Finance partnered with the Strategic Banking Corporation of Ireland (SBCI) to lend up to EUR 50 million to Irish SMEs at a discounted rate under the Ukraine Credit Guarantee Scheme. This partnership allows approved borrowers to receive working capital loans up to EUR 250,000 with terms between one and five years at a 20% discount.