10 companies source lending through crowd funding
Linked Finance matches companies looking for funding with willing “responsible” investors.
Borrowers can get loans with an interest rate of as low as 7.9%, while lenders can get returns as high as 15%.
The 10 farming and agriculture companies which have drawn down funding through Linked Finance are:
Linked Finance founder Peter O’Mahony said: “Businesses across the agri [and] farm food production sector in Ireland are now in growth mode and the economy needs these businesses to thrive as we recover fully. A key part of that recovery is access to reliable credit on good terms and available quickly.
“Businesses need a quicker turnaround and easier process than what the traditional banks usually offer. Peer-to-peer lending bridges that gap and brings the added advantage of creating a community of active investors in Ireland’s recovery.”