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You are here: Home » Case Studies » Used car dealership

Used car dealership

This established car dealership was seeking a loan to purchase more stock. LendingCrowd was pleased to fuel its growth ambitions.

Loan details:
Location:

Midlands

Business nature:

Automotive

Loan purpose:

Working capital

Loan amount:

£82,080

The opportunity

This used car dealership specialises in luxury and sports models. The well-established business was seeking a loan to provide the working capital required to increase its stock, which would help to drive up its turnover and profits.

Funding ambitions

Our expert team worked with the commercial finance specialists at Think Business Loans, which introduced this client to the LendingCrowd platform, to deliver a loan offer that suited the borrower’s requirements. The funding provided will enable the business to fuel its growth ambitions.

LendingCrowd was created to provide much-needed loan funding for SMEs 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 businesses. 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

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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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