Lending

Linked Finance to deliver €50m in low-cost loans to SMEs hit by cost rises

The company has partnered with the Strategic Banking Corporation of Ireland to offer loans at a 20 per cent discount

Linked Finance has partnered with the Strategic Banking Corporation of Ireland to deliver low-cost loans. Picture: Ivan Balvan

Linked Finance, a peer-to-peer lending platform, has announced it will lend €50 million in discounted loans to small and medium companies who have been hit by the economic consequences of the war in Ukraine.

The company has partnered with the Strategic Banking Corporation of Ireland (SCBI) to offer the loans, which will be available to businesses that have seen costs rise by over 10 per cent because of the conflict.

Companies have until the end ...