Peer-to-business Loans

For Funding Circle’s latest case study they head to Central London to visit Rufus Grantham, co-founder of BloodandSand Limited, who borrowed £104,000 in October 2014 from hundreds of Funding Circle investors. BloodandSand Limited runs 2 cocktail bars in London; ‘The Hide’ on fashionable Bermondsey Street, and their second establishment which has just opened near Bank underground station.

Rufus co-founded BloodandSand Limited more than 8 years ago with a university friend who shared his passion for delivering delicious drinks in an unrivalled atmosphere. Having successfully run “The Hide” for many years, they looked to open new location.

After searching for more than a year for their second site, they found a derelict pub in the City of London and both agreed that it was the perfect location, so applied for a loan to refurbish the premises. They have split the premises into 2 distinct venues, a cocktail bar in the basement called ‘Demon, Wise & Partners’ and a London themed bar called ‘The Arbitrager’ on the ground floor, where they’ll only stock London-brewed beers and London distilled gin to show support for their local economy.

In this short video you’ll meet Rufus, hear more about why he started the business and what he liked most about using Funding Circle to help his business grow.

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