Customer stories
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Corner shop
May 2024

Supporting a corner shop's working capital needs

When this retailer was in search of an unsecured business loan to support its working capital needs and purchase extra stock, LendingCrowd was delighted to provide fast and flexible funding that suited its requirements.

Amount
£187,480
Location
East Anglia
Sector
Retail
Loan Purpose
Working capital
Corner shop

The opportunity

This established corner shop serves its local community with a broad range of products. It was seeking a business loan to support its working capital requirements and buy more stock.

Funding ambitions

Commercial finance brokerage Pay2Day introduced this retail business to the LendingCrowd platform and our expert teams worked together to deliver a fast and affordable loan offer. Once the client had accepted the offer and completed the required documents, we quickly transferred the loan funds to its account.

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.

Working in partnership

LendingCrowd understands 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.