Get a loan to help your retail business grow

 

If you run a retail business, you’ll be familiar with the challenges you can face in attempting to raise capital for growth. The requirements for running a retail business can often be demanding, and a significant level of working capital is typically required. LendingCrowd’s investors from across the UK can can help you with the funding you require. Whether your retail business loan is required to buy more stock, expand your product range or to purchase a much needed asset, LendingCrowd can help you get the finance that’s right for your business. Our loans have flexible terms and you can repay the loan early without penalties, allowing you to manage your business finances.

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.

The benefits of a LendingCrowd loan for your retail business

Expand product range

If you’re looking to expand your product range, you’re likely to need capital to cover the cost of purchasing more stock.

Asset purchase

A retail business loan from LendingCrowd can help finance the purchasing of office equipment, machinery or premises which may help to increase your company’s productivity and value.

Working capital

It can often take a large proportion of your businesses cash to hold the required stock and working capital, and a loan can be used to cover these costs and provide you with the extra capital you need to grow your company.

Debt restructuring

A LendingCrowd loan can help your retail business to consolidate existing loans, reducing your monthly repayments and giving you fewer debts to keep track of.

A retail business we’ve helped with a business loan

Lillya Grace Bridal Boutique

Lillya Grace is a boutique bridal designer shop located in Nantwich, Cheshire. The boutique shop had been in existence for over a decade before it was bought in 2012 by James Lindsey to be run as a family business. The shop required a loan of £57,400 for working capital, with the loan fully funded this enabled them to put the money to the intended use.

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.

Have any Questions?

If you invest through LendingCrowd you should understand that your capital is at risk.

LendingCrowd is the trading name of Edinburgh Alternative Finance Limited, Company Number SC468392, authorised and regulated by the Financial Conduct Authority (Firm reference number 670991). LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.

Read more about the risk involved when investing and borrowing.

LendingCrowd is a credit broker and not a lender.

The company's registered office is 23 Manor Place, Edinburgh, EH3 7DX.

Copyright © LendingCrowd 2017. All rights reserved.

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