Get the funding you need to grow your E-commerce business
If you run an internet business, you’ll be familiar with the unique funding challenges this can present. Maintaining your online store, ensuring you have sufficient stock levels and facilitating deliveries of orders can all require high levels of working capital and keeping a close eye on your cash flow. A loan from LendingCrowd, funded by our community of investors across the UK, can help. Whether you need funds to buy more stock, to expand your product range or to improve your web presence, LendingCrowd can help you get finance that’s right for your business. Our loans have flexible terms and you can pay off the loan early without penalties, allowing you to plan for your company’s future.
Why borrow with LendingCrowd?
LendingCrowd’s simple application process and case-by-case approach give our highly experienced Credit Team the ability to give businesses a quick decision on their application. We want to help you grow your business and achieve your goals, and we’ll work with you to understand your company and its funding needs to ensure you get the finance that’s best for your business.
Benefits of a LendingCrowd loan for your E-commerce business
Expand your product range
If you’re looking to expand the range of products your online business sells, you may need funds for manufacturing costs and stock purchase
Stock or working capital
It can often take a large proportion of the cash in your business to cover stock and working capital. A loan can help you cover these costs and use your cash to grow your company
Finance restructuring
A business loan for your E-commerce company can help you to consolidate your existing loans, reducing your monthly repayments and giving you fewer debts to keep track of
Hire new staff
A loan from LendingCrowd can help you to hire new staff, allowing you to increase your sales and turnover to grow your company
An E-commerce business we’ve helped with a business loan
Coffee Merchants UK
Coffee Merchants UK is an e-commerce business that sells coffee pods, capsules, beans and machines through their website ‘The Coffee Pod’ . Based in Wincanton, Somerset and supplying both retail and wholesale customers, the business has grown year on year and is now one of the major suppliers of ESE (easy serving espresso) coffee pods in the UK. Coffee Merchants UK secured a loan of £53,500 which allowed them to purchase a new machine which enabled the company to produce their own ESE coffee pods.
About LendingCrowd
LendingCrowd is an award-winning peer-to- peer lending platform that matches investors with UK small and medium sized businesses (SMEs) seeking business loans. To support a growing community of businesses seeking non-bank funding we provide simple, affordable lending with greater flexibility, straightforward security arrangements, minimum ongoing administration and no exit fees.
