Com­pa­nies raise €1m through Linked Fi­nance

Wicklow People - - NEWS -

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.

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