Customer stories
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Oil and gas services provider
Nov 2023

Powering an oil and gas services provider's growth

When this innovative business was seeking to boost its cashflow after picking up more work from new contracts, LendingCrowd delivered the required funding.

Amount
£327,000
Location
Scotland
Sector
Professional & Business Support
Loan Purpose
Working capital
Oil and gas services provider

The opportunity

The business works around the world, providing engineering services to the oil and gas industry. After winning new contracts and additional work, it was seeking a working capital loan to support its cashflow.

Funding ambitions

LendingCrowd's expert team was happy to assist with the continued growth of this innovative business, which was introduced to our platform by Sedulo Funding Solutions. We offered a loan that met the borrower's needs and we're delighted to be supporting its ongoing success.We exist to fund the ambitions of 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

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.