Customer stories
/
Food and drink retailer
Oct 2024

A food and drink retailer's appetite for growth

This long-established food and drink retailer was in search of funding to fuel its expansion plans. We were delighted to provide a business loan that would give it the funds it required to pursue its ambitions.

Amount
£270,000
Location
Midlands
Sector
Retail
Loan Purpose
Business expansion
Food and drink retailer

The opportunity

This long-established business supplies international food and drink to customers via its retail outlets, an online store and a wholesale operation. It was seeking a business loan to provide the funding it required to push ahead with its expansion ambitions.

Funding ambitions

This borrower was introduced to the LendingCrowd platform by commercial finance broker Funding Bay. Our teams worked together to deliver an affordable loan package that met the client's needs and would enable it to put its expansion plans into action.

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.