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You are here: Home » Case Studies » Flint Holiday Home Management

Flint Holiday Home Management

Flint Holiday Home Management offers a full property management service throughout Cornwall, providing changeover, on-call, key holding and laundry services. The business has seen strong growth during its four years of trading. It returned to LendingCrowd for a second loan to provide working capital to cover costs before the busy summer period.

Company info:
Location:

Cornwall

Business Nature:

Leisure & Hospitality

Loan Purpose:

Cashflow

Trading for:

4 years

Loan info:
Target:

£60,800

Loan Term:

60 months

Number of bids:

359

Avg ROI:

11.11%

100% funded

The challenge

Flint Holiday Home Management, owned by Georgia Horsley, manages more than 100 properties across Cornwall, making sure they’re ready for holiday lets and longer-term stays. Having expanded its operations with an initial loan from LendingCrowd, the business was seeking another loan to provide working capital before the busy summer season and take on more properties to meet demand.

The solution

During the quieter months, the business didn’t take a break – it moved to larger premises, as well as taking on and training up more staff. With a need for additional working capital to continue operating successfully during the summer, Flint Holiday Home Management decided to refinance its existing loan with LendingCrowd and keep it to one monthly repayment.

Georgia Horsley said: ‘LendingCrowd made a bespoke package for me that met all my needs. This is something you cannot get from a standard lending company.’

The outcome

Flint Holiday Home Management, which has gone from strength to strength over the past four years, now has three office staff, 75 housekeepers and a maintenance team to keep holidaymakers and property owners happy during the Cornish summer.

Georgia said: ‘The service delivered was very professional, very efficient and personal to all my needs. I would not hesitate to recommend LendingCrowd to anyone requiring their services.’

‘LendingCrowd made a bespoke package for me that met all my needs. This is something you cannot get from a standard lending company.’

Georgia Horsley, Owner, Flint Holiday Home Management

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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.

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