Customer stories
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Pharmaceutical goods wholesaler
Feb 2024

Expansion plans at a pharmaceutical goods wholesaler

When this wholesaler of pharmaceutical goods was looking for funding to pursue its expansion ambitions, LendingCrowd was happy to provide a business loan that would enable it to press ahead with its plans.

Amount
£218,000
Location
London
Sector
Wholesale
Loan Purpose
Business expansion
Pharmaceutical goods wholesaler

The opportunity

This wholesale business specialises in the sourcing and supply of pharmaceutical goods to customers across the UK and around the world. It was seeking a business loan to provide funding for its continued expansion.

Funding ambitions

LendingCrowd was introduced to this borrower by Phoenix, a commercial finance broker that helps SMEs to source fast and affordable funding. Working together, our expert teams tailored a loan offer that suited the client's requirements, and we were delighted to support this business with its expansion plans.

We were 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.

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.