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Powder coating company
LendingCrowd was happy to help when this long-established powder coating specialist was seeking a loan to support its working capital requirements and refinance existing debt elsewhere.
The opportunity
This established and growing business provides powder coating services for a wide range of customers. It wanted a loan to support its working capital needs and free up cash flow by refinancing an existing facility it had taken on elsewhere.
Funding ambitions
We were introduced to this borrower by commercial finance brokerage Three Crowns Finance. Working together, we moved quickly to tailor a loan package that suited the client’s needs and would enable it to pay off its existing debt while giving it the working capital boost it was seeking.
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 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 pleased 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