The opportunity
This established business specialises in mobile technology and communications. It was seeking a loan to help it deliver a major new contract and consolidate its financing by paying off existing facilities with other funding providers.
Funding ambitions
Working with the team at Claratus Commercial Finance, which introduced this borrower to the LendingCrowd platform, we delivered a bespoke loan package that would enable the business to repay its existing facilities and provide the funding for its new project. We're pleased to be assisting this innovative client in its growth ambitions.We exist to support 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
