The opportunity
This wholesale business specialises in supplying linen and towels to the hospitality and catering sectors. It was seeking a business loan to assist with the launch of new products, to meet the costs of purchasing additional stock and marketing its services.
Funding ambitions
Specialist commercial broker Spark Finance introduced this borrower to the LendingCrowd platform. Working together, our teams quickly delivered an affordable business loan offer that would enable this client to press ahead with its expansion ambitions.
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 fast and flexible loans from £75,000 to £500,000 find out more and apply direct at lendingcrowd.com.
