Customer stories
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Youth support specialist
Sep 2024

Restructuring debt for a youth support specialist

When this provider of care and support services to young people wanted to refinance existing debt it had taken on elsewhere, LendingCrowd was able to offer a fast and affordable solution.

Amount
£283,400
Location
North West
Sector
Healthcare
Loan Purpose
Refinance
Youth support specialist

The opportunity

This business offers round-the-clock support for young people to help them live independently. Having taken on a variety of finance arrangements elsewhere, it wanted to restructure its debts to make it easier to manage its repayments.

Funding ambitions

LendingCrowd can refinance any lender to help borrowers simplify their finances. We worked with Optimal Business Finance, which introduced this client to our expert team, to deliver a bespoke loan offer that would enable this business to consolidate its borrowing and reduce its monthly repayments.

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.