Loan Book Report Q4 2017 Image.png

Loan Book Report Q4 2017

Posted by Lorcán Kavanagh on Jan 25, 2018 5:05:03 PM
Here is the most recent update of our loan book report. It looks at all loans originated up to 31st December 2017.
 
Overall, Q4 was strong and brought total loan orgination for 2017 to more than €24.1 million. This is greater than the previous 4 years combined.
 
We've made some slight changes to the loan book report this time. The default definition has been reduced from loans late 120+ days to loans late 90+ days.
 
This change has been introduced in response to lender feedback and to align defaults more closely with the other categories listed in the report.
 
Change in calculation method aside, the default rate has increased since the last report. The platform-wide rate now stands at 1.01%.
 

If you ever have queries about a specific loan that you are involved in, please feel free to contact help@linkedfinance.com. 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 €250K.
  • 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