Industry & Business

Biggest Ever Peer to Peer Loan in Ireland Launched

 Breaking News
  • Skillnet Ireland Launches New Network For Small Firms Sector Skillnet Ireland, the national agency responsible for the promotion and facilitation of workforce learning in Ireland, has launched six new networks to address the growing skills needs in the film, television, retail, health and fitness sectors. The six new networks are SFA Skillnet, Screen Skillnet, Leisure, Health & Fitness Skillnet, Fingal Dublin Chamber Skillnet, Dundalk Chamber Skillnet and CSNA Skillnet.  SFA [...]...
  • Circular Economy Leaders, Olleco, Awarded Royal Warrant ABP Food Group’s Renewables Division, Olleco, the UK’s leading supplier of cooking oils and collector of used cooking oils, has become the first dedicated circular economy company to be granted a Royal Warrant by Her Majesty The Queen. The Warrant recognises the company’s work to create a “closed loop” solution for the Royal Household. Olleco supplies [...]...
  • OpenSky to Create 80 Jobs After €2.5 Million Investment in Expansion OpenSky, Ireland’s only GovTech transformation specialist which provides process automated solutions to public sector bodies, has announced that it has invested €2.5 million in its own expansion and will create 80 jobs over the next two years. The company’s employee numbers are set to reach 160 by the end of 2021. New roles will include [...]...
  • Irish-UK Trade Relations to the Fore of Manufacturing Solutions Ireland 2019 Irish-UK trade relations are to the fore of this year’s Manufacturing Solutions Ireland event, as the manufacturing supply chain roadshow and conference, hosted by GTMA* and LIT, has already confirmed more than 100 exhibitors and participants from both sides of the Irish Sea. Now in its third year, the popular event has grown to include [...]...
  • Investigation into Insurance Ireland Data Pooling System The European Commission has opened a formal antitrust investigation into Insurance Ireland to assess whether the conditions of access to its Insurance Link data pooling system may restrict competition, in breach of EU rules. Insurance Ireland is an association bringing together several member companies active in the insurance sector in Ireland. Insurance Ireland administers and makes [...]...

Biggest Ever Peer to Peer Loan in Ireland Launched

Biggest Ever Peer to Peer Loan in Ireland Launched
April 29
12:04 2019, Ireland’s peer to peer lender to the property development marketplace, has launched its biggest loan so far – €750,000 to build two new housing development projects in County Waterford. The plan is to lend across the country to over a 100 plus new housing development projects in the next three years with the help of the Irish public.

They will do this with the help of their planned 10,000 strong base of lenders. Lenders can lend into each loan from as little as €500 up to €100,000 or more  and will return on average approx. 8%+.

The loan will help support the building of 12 new homes for County Waterford on two individual sites. plans on helping fund several new housing development projects in the Waterford area in the upcoming months. Currently ‘live’ on the platform is a development in Waterford that consists of a 750,000 property development loan to a well known local Waterford private construction firm and developer. This loan will help support the building of 12 new homes for County Waterford on two individual sites.

The sites are purchased and planning is in place. Onsite works has already started and some of the houses are due to be complete before end of 2019.

CAPTION: investor Marc Rafferty and CEO David Jelly with construction workers.

About Author



Related Articles

New Subscriber

Subscribe Here


National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories

Upcoming Events

  • No upcoming events
AEC v1.0.4