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You are here: Home » Case Studies » Powder coating company

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.

Loan details:
Location:

North East

Business nature:

Manufacturing & Engineering

Loan purpose:

Working capital

Loan amount:

£81,750

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

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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 50 Lothian Road, Festival Square, Edinburgh, EH3 9WJ.

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