Company raising finance for Stable Diet in Wexford
Published 24/11/2015 | 00:00
Linked Finance, Ireland's leading Peer-to-Peer 'Crowd Lending' business lending company, says they are currently raising finance for Wexford-based business Stable Diet Ltd. which runs two cafes on Main Street, Wexford town and produces of a range of award winning Stable Diet wheat free food products. This finance will allow this successful business to continue to grow, employ local people and help develop their community going forward.
This brings in total 10 Wexford businesses in the last year that have been supported by Linked Finance lenders to the tune of over €185,000.
Founder of Linked Finance, Peter O'Mahony said: 'SMEs in Ireland are clearly now in growth mode and the economy needs these businesses to thrive as we recover fully. A key part of that recovery is access to reliable credit on good terms and available quickly. While banks are the traditional source of funds, businesses need a quicker turnaround and easier process than what the banks usually offer. Peer-to-peer lending bridges that gap and brings the added advantage of creating a community of active investors in Ireland's recovery.'
Linked Finance facilitates Peer-to-Peer for Irish businesses. Responsible business borrowers are vetted as part of the Linked Finance registration process and can access cash-flow from a large pool of potential lenders. These lenders who are members of the public can then in turn request and earn significant returns on their investment and engage with the businesses they invest in, both as customers and backers. Visit www.linkefinance.com