Type
Business expansion
Country
Ireland
Region
Southern and Eastern; Dublin;
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.9 - Other financial service activities, except insurance and pension funding

125 jobs
Number of planned job creations
Job creation
Announcement Date
30 March 2022
Employment effect (start)
30 March 2022
Foreseen end date

Description

Canadian-based business lending company, Clearco, is to create 125 jobs in Ireland. It intends to use its Dublin base as an international sales hub and a way to expand further across Europe. The new jobs being announced are to aid expansion and primarily cover sales and business development.

The company established in Ireland in 2021 and currently employs 75 people. The company is specialised in equity-free investments, taking a share of a company's revenue as part of its funding deal.


Sources

Citation

Eurofound (2022), Clearco, Business expansion in Ireland, factsheet number 106709, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106709.