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Oil and gas services provider
When this innovative business was seeking to boost its cashflow after picking up more work from new contracts, LendingCrowd delivered the required funding.
Loan details:
Location:
Scotland
Business nature:
Professional & Business Support
Loan purpose:
Working capital
Loan amount:
£327,000
The opportunity
The business works around the world, providing engineering services to the oil and gas industry. After winning new contracts and additional work, it was seeking a working capital loan to support its cashflow.
Funding ambitions
LendingCrowd’s expert team was happy to assist with the continued growth of this innovative business, which was introduced to our platform by Sedulo Funding Solutions. We offered a loan that met the borrower’s needs and we’re delighted to be supporting its ongoing success.
We exist to fund the ambitions of 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 partnerships with our community of commercial finance brokers and introducers. To find out how we can help, visit lendingcrowd.com/introducers
