Saturday October 31, 2020

Beyond banks - alternative lenders pile into property

Róisín Burke takes a look at the new wave of non-banks and the names behind them

31st May, 2017
4
Pic: Getty

But there are many others aiming to meet this need, and non bank and niche lenders are predicted to form up to one-third of the commercial lending market here in coming years.

For now, regulation is perhaps worryingly thin on the ground in connection with these entities, compared to the restrictions banks must work to - but nonetheless, the number of them operating in Ireland has mushroomed to around a dozen in the last two...

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