Santiago launches targeting SMEs with loans up to €500,000
Santiago SME Finance has already disbursed its first loans and is actively receiving loan applications
Santiago SME Finance, a newly established Irish fintech, is to provide loans of up to €500,000 to Irish SMEs having just launched.
The company, led by chief executive Melissa Lyons, is to offer loans of between €10,000 to €500,000 through a digitised lending process.
Loan decisions are expected to be within 24 hours.
The two loan products offered are merchant advance loans up to €300,000 and unsecured term loans up to €500,000.
Lyons said: “We ...