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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

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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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