Manufacturing Business Raises £125,000
January 25, 2024
We fund a previously declined manufacturing company with £125,000
We received an application from a manufacturing firm that has been trading for 7 years. They had recently applied to their bank and an online lender but had been declined both times.
We looked at it differently.
Despite the recent poor trading performance with declining profitability, the business still had many advantages. Consistent cashflow and a varied client base.
We presented these advantages to our credit team and within 4-hours received an approval for £125,000!
The client was instantly impressed and could realise a vision of expanding their product range with the new funding.
The client was funded the very next day. Happy client!
Jaime Faulkner
Business Loan Specialist
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