Peer-to-peer lender Linked finances named Richard glavin as sales manager. Glavin is expected to support the growth of the loan portfolio which has grown to provide over € 166 million in loans to over 2,900 ambitious local businesses in Ireland.
Glavin was previously Commercial Director at Chill Insurance, Ireland’s largest independent insurance broker. Prior to joining Chill Insurance, Glavin was responsible for sales and business development at 123.ie for almost ten years.
In early January, Linked Finance became the first non-bank lender to offer loans through the government’s Covid-19 Credit Guarantee Program (CCGS). Linked Finance reports that it has funded just under € 30 million of CCGS and standard loans to SME clients to date so far this year.
In July, Linked Finance issued the largest volume of monthly loans in the platform’s 7-year history with 5.5 million euros in loans.
Niall O’Grady, Managing Director of Linked Finance, commented on the new hire:
“We are delighted to welcome Richard to the Linked Finance team to help support the rapid growth of our loan portfolio. This year alone, Linked Finance has achieved a number of milestone goals and more opportunities are on the horizon. The company has big ambitions for the future and Richard’s appointment will play a central role in connecting growing Irish businesses with lenders looking to support Irish businesses. At Linked Finance, we offer SMEs a range of options to access finance quickly and efficiently in a transparent digital way.