Lend us your ear and we’ll tell you a story. Good news… LendingCrowd is delighted to have featured in prominent Scottish national newspapers and business publications following an exclusive Press Launch at its Edinburgh offices last week.
CEO Stuart Lunn and co-founder, Bill Dobbie, engaged a captive group of journalists about the huge growth potential of the UK’s peer-to-business crowdlending sector, including Scotland. The entrepreneurs also took the wraps off future plans for the business – an operation that aims to tap into the borrowing needs of some of the UK’s 4.9 million SMEs.
Small business Crowdlending…everyone’s talking about it…
Extolling the virtues of small business crowdlending, we were pleased to receive positive coverage in the Herald, with the paper’s angle detailing how the platform will offer small businesses an alternative to bank funding and attractive returns to investors.
Helping the needs of UK small businesses borrowing
The Scotsman’s angle announced we have so far raised £250,000 – which is encouraging news for UK small business borrowing. At the official launch, the paper also reported Bill Dobbie’s enthusiasm to ‘challenge’ the status quo of borrowing through banks – and by opening up new channels where local SMEs can secure credit and grow their business.
Bill explained: “My involvement in start-ups and SMEs made me realise the difficulties for small businesses to secure loans. We recognised that the traditional model of lending doesn’t work for all borrowers all of the time and wanted to develop a credible alternative.”
LendingCrowd gives business vision to Vision Events
Complementing our press appearance, please read our latest case study on how we helped raise growth capital for events company, Vision Events, in November. Thanks to the power of Crowdlending, the company was able to purchase additional state-of-the-art equipment it needed to provide even greater service to clients.
Want to get by with a little help from LendingCrowd?
Whether you’re an investor or a small business borrower, contact our helpful credit team or call them on 0131 564 1600.
Reinvent the way you invest and borrow…