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Shellfish supplier
With its busiest season approaching, this shellfish supplier was seeking a boost to its cashflow. LendingCrowd was pleased to provide a loan that suited its needs.
Loan details:
Location:
Scotland
Business nature:
Wholesale
Loan purpose:
Working capital
Loan amount:
£272,500
The opportunity
As a major supplier of live shellfish, this business serves customers across the UK and Europe. It was seeking a loan to provide a boost to its cashflow as it prepared for its busiest time of year.
Funding ambitions
Working with Mair Finance, which introduced this client to the LendingCrowd platform, our expert team tailored a loan package to suit the borrower’s needs. Time was of the essence, as the business was fast approaching its busy season, and our lending platform provided the required funding quickly and efficiently.
LendingCrowd exists to provide loans for small and medium-sized 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 know that partnerships have an important role to play in bridging the funding gap faced by so many SMEs. That’s why we’re delighted to have forged strong links with our growing community of commercial finance brokers and introducers. To find out how we can help, visit lendingcrowd.com/introducers
