Fri Sep 20 06:41:51 UTC 2024: ## An Post Partners with Grid Finance to Provide Lending Solutions for SMEs

**Dublin, Ireland** – An Post, the national postal service, has announced a new partnership with Grid Finance, an Irish specialist lender to SMEs and micro-enterprises. This partnership aims to provide business customers of An Post Retailer Services with access to funding solutions from Grid Finance.

An Post Retailer Services, a subsidiary of An Post, offers a range of products and services to customers outside of regular hours, including card payment and merchant services to SMEs. Through this partnership, An Post will now refer these business customers to Grid Finance, offering them access to new lending options.

Grid Finance specializes in providing loans targeted at SMEs, with repayments structured in line with revenue. This approach aims to offer more flexible and accessible financing solutions to businesses, especially in light of the challenges faced by SMEs in Ireland.

“This partnership is another milestone in our efforts to support the growth and development of Irish SMEs,” said Paul Byrne, An Post’s Retailer Services Manager. “We’re confident that it will make a real difference to businesses across the country.”

Eoin Christian, CEO of Grid Finance, echoed these sentiments, highlighting the company’s commitment to providing SMEs with the resources they need to succeed. “We understand the challenges facing SMEs in Ireland today,” he said. “This partnership with An Post Retailer Services is a key part of our effort to help businesses across Ireland achieve their goals.”

Grid Finance was founded in 2013 to address the credit needs of SMEs in the wake of the financial crisis. Initially operating as a peer-to-peer lending platform, the company pivoted to cash advance lending in 2017. Its core lending business now focuses on providing cash advances for small businesses.

This partnership between An Post and Grid Finance is expected to provide a valuable service to Irish SMEs, offering them access to funding options and supporting their continued growth and development.

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