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Linked Finance appoints O Grady as its new CEO
Updated / Wednesday, 3 Feb 2021
08:17
Peer-to-peer lending platform Linked Finance has named Niall O Grady as its new chief executive.
Niall O Grady takes over from Niall Dorrian who has stepped down after five years in the top job at the company. Mr Dorrian will remain as a non-executive director of Linked Finance.
Mr O Grady was most recently Managing Director of 123.ie and Director of Distribution of RSA. Before that he was with Permanent TSB as commercial director.
Niall O Grady said that he wants to grow the business and support Irish SMEs through the current challenges they face.
Linked Finance added to Ireland’s Covid-19 Credit Guarantee Scheme
By Oliver Smith on Wednesday 6 January 2021
Image source: Niall Dorrian/Linked Finance.
Ireland’s largest peer-to-peer lending platform, Linked Finance, has been added to the country’s Covid-19 Credit Guarantee Scheme (CCGS) to support small businesses.
The CCGS offers low-cost working capital loans to SMEs with an 80 per cent government guarantee against lender losses.
With AIB, Bank of Ireland and Ulster Bank currently providing CCGS, Linked Finance has become the first “non-bank” lender to be added to the scheme.
Linked Finance says it will be able to offer loans of up to €250,000 in under 24 hours after receiving a business’s documents.