Peer-to-business Loans

Datum Print in Hertfordshire wanted to attract new business through a rebrand and increased marketing activity – traditional lenders weren’t interested, so RateSetter stepped in.

Scott Pearce, Joint Managing Director at Datum Print, wanted to rebrand and invest in marketing to grow his business. Despite a compelling business case and 15 years of trading history, no traditional lenders were willing to offer the loan which he needed.

After picking up the phone and talking directly with the commercial credit team at RateSetter, Scott found that they were easy to talk to and made a real effort to understand the business, even organising a visit to his offices within 48 hours of him getting in touch.

What was the impact? Thanks to RateSetter’s efficient approval process and quick draw down times, Datum Print got the loan which it needed and, most importantly, has been able to rebrand and invest in marketing to win new contracts, increase revenue and ensure the continued growth of the company.

“Not only would I recommend RateSetter to others businesses for borrowing, I would recommend RateSetter above traditional institutions,” Scott commented.

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