Delivering fast access to business finance for the times we’re working in (Sponsored)

Apr 03, 2020

In these uncertain and challenging times for Ireland’s SMEs, it is still vitally important that businesses can access the working capital they need to meet their liabilities, pay their staff and keep trading how and where they can. We know it can be daunting to think about taking on a business loan at this time. At Linked Finance, we’ve created a new working capital option to suit today’s business environment.

Introducing Linked Finance

Linked Finance is Ireland’s first and largest P2P lending platform. Our mission is to transform how lending works for Irish SMEs by connecting creditworthy local companies to a vibrant online lending community.

We offer easy online applications, quick credit decisions, superior customer service and access to unsecured business loans in just 24 hours. Established in 2013, the Linked Finance platform has already facilitated loans worth more than €130 million to over 2,500 businesses across Ireland.

How can we help?

Our new Deferred Start Loan provides access to working capital of up to €100,000, with the added reassurance of no repayments for the first 3 months.

It is designed to provide working capital for otherwise strong and established businesses (trading at least 4 years) that have seen a sharp and sudden impact from the Covid-19 outbreak. This could be as a result of outlets closing, reduced footfall or a disruption to normal supply chains. It could also be of use to businesses who need to invest quickly to adapt to the new trading environment, such as to improve online services or provide a delivery service.

How does it work?

With the Deferred Start Loan, companies do not make any repayments of capital or interest for the first three months. After that, the loan is repaid over the next 12 months. There is also the flexibility to repay the loan in full before the end of the term with no penalties.

How to apply?

If you’re an accountant or financial adviser and you feel our Deferred Start Loan may be of value to your clients, we would be delighted to discuss this further with you. As a referral partner, you can quickly arrange loans for the SMEs you work with while earning attractive referral fees or significant discounts for your clients.

Contact your usual Linked Finance representative if you are already a Linked Finance Referral Partner. If you would like to become a referral partner, register here.

If you are an inhouse finance professional and you are looking at working capital options for your own business, please request a call back here from our friendly team. 

Further information can be found on our website linkedfinance.com.

(This article is sponsored by Linked Finance.)