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Building products wholesaler

This supplier of plastic building products was seeking a loan to support its working capital needs and buy more stock. LendingCrowd was pleased to fund its growth ambitions.

Loan details:
Location:

Midlands

Business nature:

Wholesale

Loan purpose:

Working capital

Loan amount:

£272,500

The opportunity

This client is a wholesaler of plastic building products, including bathroom wall panels, guttering and underground drainage. It was seeking a loan to support its working capital requirements and purchase more stock.

Funding ambitions

The business was introduced to LendingCrowd by the commercial finance specialists at Swoop, who worked with our expert team to tailor a suitable loan offer. The process from receiving the initial application to paying out the loan funds was rapid and we’re delighted to have supported this client.

LendingCrowd can provide funding for small and medium-sized businesses the length and breadth of Britain. Limited companies and limited liability partnerships can apply for fast and flexible loans from £75,000 to £500,000 – find out more and apply direct at lendingcrowd.com/business-loans

Working in partnership

We understand that partnerships have an important role to play in bridging the funding gap faced by so many SMEs. That’s why we’re proud to have forged strong links with our community of commercial finance brokers and introducers. To find out how we can help, visit lendingcrowd.com/introducers

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LendingCrowd is the trading name of Edinburgh Alternative Finance Limited, Company Number SC468392, authorised and regulated by the Financial Conduct Authority (Firm reference number 670991). LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.

The company's registered office is 50 Lothian Road, Festival Square, Edinburgh, EH3 9WJ.

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