€6m interest earned by lenders on Irish business loan platform

Lenders on the peer-to-peer funding platform Linked Finance have earned more than €6 million in interest on loans given to small firms.

Figures provided to this newspaper by Dublin-based Linked Finance show that more than €80 million has been borrowed by about 1,800 companies.

The amount of lending to firms via the platform has shot up this year, according to its chief executive Niall Dorrian.

He told The Sunday Business Post earlier this ...