Companies raise €1m through Linked Finance
LINKED Finance, Ireland’s leading peer-topeer (P2P) lending company LINKED Finance, has so far raised €1 million for Wicklow-based businesses.
A total of 39 businesses from the Garden County have raised funds through Linked Finance’s online lending platform to help with business growth.
39 Wicklow businesses including O Brother Brewing, Punctual Print and The Fishman, have raised funds through Linked Finance’s online lending platform (www.linkedfinance.com) to facilitate business growth.
O Brother brewers based in Kilcoole, raised financing through the platform to expand their production facilities, to meet the growing demand for their range of craft beers.
‘Between myself and my brothers we have a wide range of complementary skills. The business is our passion and we’ve put everything into it. We are absolutely determined to succeed and after all our hard work we are now seeing the fruits of our labour,’ said Barry O’Neill, co-founder of O Brother.
Alan Hegarty, Owner, The Fishman, fish shop and restaurant on the South Quay in Wicklow town, also used Linked Finance to raise funding.
‘Our goal is to play a key role in promoting Wicklow as it grows in popularity as a producer of world-class seafood. As our own restaurant also continues to grow, we turned to Linked Finance to assist us in developing that growth and expansion.
‘The process of getting set up on Linked Finance couldn’t have been easier or more transparent. The Fishman has become a well-es- tablished part of the community and we’re indebted to the continued support and goodwill of local Wicklow residents.’
The purpose of the Linked Finance platform is to support great Irish businesses and provide them with quick and hassle-free access to funding so they can unlock their full potential.
Niall Dorrian, CEO, Linked Finance explains; ‘Our platform connects Irish businesses with lenders who recognise their enormous potential and want to invest in them.
‘We pride ourselves in providing an alternative to traditional bank lending, the Linked Finance model is fast, efficient and transparent, allowing Irish businesses to take control of their finances and meet their objectives.
‘This is a model that works, and the number of Wicklow businesses who have now completed three loans on the platform, such as Punctual Print, is testament to this.’
O Brother brewing used Linked Finance to raise funds.