Customers can fund coffee pod

A Cork businessman is looking for lenders to fund a portion of the refurbishment of a coffee pod, but he is not going to the banks, he is asking his customers.

The president of the Cork Business association, Ernest Cantillon, is looking to crowd-source €10,000 of a planned €60,000 fit-out of a coffee pod on the South Mall through the crowd-funding website Linkedfinance.

Linkedfinance works by matching people looking to get a higher return on their savings with businesses looking to borrow.