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Components manufacturer

LendingCrowd was delighted to provide a loan to enable this high-tech manufacturing business to expand its workforce and buy more equipment.

Loan details:
Location:

South East

Business nature:

Manufacturing & Engineering

Loan purpose:

Business expansion

Loan amount:

£267,500

The opportunity

This high-tech manufacturing business makes and supplies custom components for a wide range of international clients. It was seeking a loan to fuel its expansion plans by recruiting additional staff and buying more equipment and stock.

Funding ambitions

This client was introduced to LendingCrowd by Astmoor Finance and our teams worked together to deliver a package of funding that suited its needs. Now that its LendingCrowd loan is in place, this business will be able to continue on its growth trajectory, with revenues and profits set to increase following the boost to its workforce.

We exist to provide loan funding for SMEs 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

LendingCrowd knows 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 growing 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 23 Manor Place, Edinburgh, EH3 7DX.

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