Changing the face of finance for Irish SMEs

When leading safety consultancy, SeaChange, wanted to invest in developing new software and technology, they were immediately drawn to Linked Finance for the funding required.

SeaChange is a market-leading safety consultancy based in Naas. The behaviour-based risk management company was established to help guide businesses towards sustainable safer culture using a human factors approach. 

By employing systems which organically become part of how employees work, their comprehensive staff training, innovative software solutions, improved safety compliance, and reduced injury claims have made them one of the most sought-after workplace solutions providers in Ireland.

In a competitive market, the suite of software solutions they provide is key and an essential source of competitive advantage. It's an area that requires ongoing investment and development to ensure that SeaChange maintains its market-leading position. 

Recently, the company identified a need to upgrade and internally develop some new software to augment their current suite of client software solutions. 

CEO, Paul Cummins, set about evaluating alternatives for the €100K+ funding that would be required.

Paul Cummins SeaChange 4 (1)

 

“Linked Finance were fantastic. They took all the hard work out of the loan application process. They provided us with fast credit assessment, wrote our loan proposal, and we were financed within an hour of going live to their lender market.”

Managing Director Dr. Paul Cummins
SeaChange Ltd

  

He was immediately drawn to Linked Finance. Having previous experience of various forms of funding, Paul recognised the benefits that Ireland's leading P2P lending platform could bring.

He knew how long it could take to get a decision from traditional sources of finance. He also knew how much information would be required, further lengthening delays and taking focus away from running the business.

Linked Finance was different. The easy applications, quick decisions and fast access to funds all meant that SeaChange could arrange the finance and forge ahead with their important technology investments without delay.

Having looked at all of the other options available, Paul, decided that Linked Finance was the way to go. Time was of the essence and a P2P business loan from Linked Finance would be quick and hassle-free.

He applied online, uploaded his documents and had a positive decision within 24 hours. Upon accepting the loan offer, the funding was provided instantly and Paul had a 12-month business loan of €105,000 ready for immediate drawdown. 

“Applying to Linked Finance was a breath of fresh air. They offer one of the fastest and most efficient lending services available. We would recommend them to any SME.

Managing Director Dr. Paul Cummins
SeaChange Ltd

 

If you work with Irish SMEs and require a flexible financing solution for your unique business, talk to Linked Finance today. Call now on 01 906 0300.