Loan Book Report Q2 2019

Posted by Amanda Germaine on Jul 23, 2019, 10:47:41 AM
The second quarter of 2019 was another record quarter for the platform in which we exceeded €12 million in lending and reached the €100 million milestone.
There was an increase in the platform-wide default rate this quarter to 1.27%. This increase was largely driven by three individual cases of borrower default; all are currently in the active recovery process and we are confident of delivering some positive recoveries through H2 2019 on these cases. 
Despite the increase, we continued to have very strong collection and recovery results with over €79,000 recovered from long term defaulted borrowers in Q2. 
Below you can see the full report for Q2 2019 which looks at all loans originated up to 30th June 2019...

If you ever have queries about a specific loan that you are involved in, please feel free to contact We are always happy to assist in any way we can.

Topics: Lending

Business Loans but Different

A Better Way to Borrow for Your Business

Linked Finance connects great local businesses who need loans with thousands of individual lenders. This is about using technology to bring business lending back to basics; real people with savings lending to great local businesses at attractive interest rates. Businesses get the funds they need to grow, lenders make a fair return. Everybody wins!

If you need a loan to grow your business, talk to Linked Finance

  • You get a same-day credit decision.
  • You can borrow up to €300K.
  • No early repayment penalties.
  • A friendly, no-hassle approach.
  • Promote your business.
  • Win new customers as part of the process.

Subscribe to Email Updates

Need a loan to grow your business?

Apply online now in just 2 minutes!

Recent Posts