Crowd funding – Total loan £50k
The situation: An existing client needed funds to expand his growing business. He had approached his local bank who stated that without our client providing further asset security, they couldn’t help.
The solution: We applied to a crowd funding lender for an unsecured business loan. The loan was accepted in principal for £50,000. All documentation was submitted electronically and within two weeks the funds were in his company bank account. No need for solicitors.