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Food and drink retailer
This long-established food and drink retailer was in search of funding to fuel its expansion plans. We were delighted to provide a business loan that would give it the funds it required to pursue its ambitions.
Loan details:
Location:
Midlands
Business nature:
Retail
Loan purpose:
Business expansion
Loan amount:
£270,000
The opportunity
This long-established business supplies international food and drink to customers via its retail outlets, an online store and a wholesale operation. It was seeking a business loan to provide the funding it required to push ahead with its expansion ambitions.
Funding ambitions
This borrower was introduced to the LendingCrowd platform by commercial finance broker Funding Bay. Our teams worked together to deliver an affordable loan package that met the client’s needs and would enable it to put its expansion plans into action.
LendingCrowd was founded in 2014 to provide loans for small and medium-sized businesses throughout 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 a growing community of commercial finance brokers and introducers. To find out how we can help, visit lendingcrowd.com/introducers
