Cash flow issue for Beech Construction resolved.

Beech Construction specialises in the construction and project management of building projects, from extensions and solar panel installations through to complete new builds, with a team of 25.

The cash flow issue

Stephen Gill, the company's Commercial Finance and Sales Broker, explained to us that following a scheme implemented by Manchester City Council to regenerate disused office buildings in Manchester, his organisation had purchased one of these office buildings as a conversion project to develop residential accommodation.

This was the first city centre apartment development project that the organisation had und...

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Pheonix Lubricants

Direct Business Lenders

Phoenix Lubricants is a young and dynamic company supplying oils, greases and lubricants to all types of industries.

They supply all major brands of lubricants worldwide, and pride themselves on finding the right lubricant solution for any given application, saving their customers time and money. In addition they market their own products, Phoenix branded high quality lubricants, and can also supply hard-to-find or made-to-order grades.

The cash flow issue

With a small team of 4 and turnover of £300K, Stephen Harkin, the company's Managing Director, explained to us that, in order for the company to grow and develop the business, it was essential that they purchased stock to make progress. Whilst some of ...

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Laird London: Hats off to business owners Alex and Zofia

Peer-to-business Loans

Last month the Funding Circle team was in Covent Garden visiting the latest Laird Hatters shop and met owners Alex and Zofia Torun-Shaw.

Laird Hatters has borrowed £140,000, across two business loans, from more than 2,000 Funding Circle investors to expand their range of handmade hats and caps.

Funding Circle investor Richard has been lending to hundreds of UK businesses through the marketplace for 3 years and Laird Hatters is one of them. We took Richard to meet Alex and Zofia to see how his money directly helped the business to grow. He said ‘having my money go to businesses that need money is imp...

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LetPal

Equity Funding

LetPal have successfully raised their crowdfunding target of £70,000 through Squareknot, with 11.67% equity offered.

The LetPal solution for private landlords is a full suite of competitively priced on-line services, from which landlords can select and pay for only those they require. LetPal now intend on being the dominant player in the Scottish Private Rented Sector (“PRS”) and then expanding into the rest of the UK.

The scale of the market and opportunity is huge. There are more than 5 million homes in the UK PRS, of which about 380,000 are in Scotland. The sector has grown by an average of over 6% per year in the last 10 years, and is expected to continue to grow. The % of homes that are rented privately has increased from 11% in 2004 to 17...

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Enval

Equity Funding

The Story

A successful raise of £985,950 will support Enval as the company ramps its commercial scale plant up to full capacity to extract valuable materials from plastic aluminium laminates.

Enval’s story began at the University of Cambridge when a bacon roll was microwaved for so long that it turned into a glowing mass of carbon. This sparked further experiments, resulting in the eventual formation of Enval: a solution that extracts 100% of usable aluminium (as well as fuel and other valuable materials) from the previously un-recyclable 160,000 tonnes of laminate packaging which enters the UK marketplace each year and inevitably ends up in landfill.

This process is based on microwave induced pyrolysis, which heats waste laminates (such a...

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Fertility focus

Equity Funding

The Story

With its second successful SyndicateRoom raise overfunded to £360,250, Fertility Focus will get its next generation product into the market and continue its excellent record of helping women conceive and understand their bodies’ reproductive patterns.

Fertility Focus was formed in 2005 to help couples get pregnant more quickly and at a lower cost. It’s estimated that 24 million women worldwide seek online advice for fertility problems, and 30% of all women have fertility issues that go unnoticed by doctors. So Fertility Focus created OvuSense: a fertility monitor to help these women manage their cycles and detect if they have ovulatory issues. Unlike its competitors, OvuSense works in real time, and is capab...

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Bactest

Equity Funding

The Story

Bactest’s second raise overfunded to £301,760, enabling the company to accelerate the commercialisation of its two products, Shepherd and Speedy Breedy, which are designed to turn microbial activity into data.

Described by The Telegraph as ‘a little purple contraption, no bigger than an old-fashioned radio’, Speedy Breedy tests for contamination in hours, saving time by removing the need to send tests off to a laboratory. Its younger sibling, Shepherd, gives water processing plant operators accurate and timely information that enables them to better manage aeration, cut energy costs and reduce their carbon footprint. This product is currently deployed and working at Anglian Water. Both are out of prototype stage and generating reve...

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Ian got his motorbike business on the road

Revenue-based Loans

Ian needed help with a cashflow problem and money to help launch his new motorcycle MOT service. After being refused a loan from the bank, Ian turned to Liberis and received his money after two weeks of applying.

LIBERIS Testimonial Thwaites Garage 2015 from Liberis UK on Vimeo.

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​Scaramouche & Fandango

Invoice Funding

Scaramouche & Fandango are a men's body and skincare range who's vibrant no frills brand is all about high quality ingredients and high performance products.

It all began in the living room of the two founders and less than two years on is a global business with products stocked in many of the world's most exclusive department stores, including Selfridges, Barneys NY, Harvey Nichols and Fortnum & Mason.

Using MarketInvoice

Cashflow is always a big challenge for manufacturers that have contracts with large UK and international department stores, many of whom operate on 60 – 90 day payment terms. This was especially true for a business like S&F with significant growth ambiti...

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Fruitful Provides Alternative Route for Restaurant Owner

Pamela Mackie is a doctor based in the Peak District. She also established and runs Halcyon, a 5 person strong restaurant that’s recognised for its good quality food, friendly charm and tasteful decorations that take influence from the late, unmistakable designer, William Morris.

Instead of renting the restaurant’s premises, Dr. Mackie wanted an investment for the long term, so she secured a commercial mortgage from a major high street bank.

5 years ago Dr. Mackie asked her lender if they could reduce the repayments on her mortgage by extending the loan term - they said they could not.

Inste...

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RateSetter Helps with Rebrand of Printing Company

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 bus...

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CIP Recruitment

Peer-to-business Loans

Seeking £1,000,000, CIP Recruitment aimed to establish a new North West regional headquarters in Manchester following two successive years of EBITDA growth.

So the recruitment company turned to UK Bond Network where the auction generated £1,125,000. Twenty per cent of the money raised was assigned to establishing the Manchester office with the rest facilitating further development of personnel and premises.

Founded in 1993, CIP is a specialist temporary recruitment business with 9 UK branches and 4 onsite client locations.

Gary Pinchen, CEO of CIP Recruitment comments:

"The expansion of our operations in Manchester is a strategically important move for our business. Business growth in the area, combined wit...

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Integritie

Peer-to-business Loans

Integritie sought £750,000 to capitalise on the rapid growth that they were experiencing, moving away from their services business to solely offer their scalable, cloud-based application.

The auction generated £1,000,000 for the Portsmouth-based company, enabling them to increase their marketing investment and develop their Cloud infrastructure in the USA, Canada and Australia.

Founded in 2000, Integritie is a managed solutions provider which serves bluechip customers in 35 countries utilising its cloud-based applications.

Michael Veenswyk, CEO of Integritie, commented on the process: "We selected UK Bond Network as they provide an exciting new way to raise money without losing equity.

"The outcome was impressive; we rec...

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PlatformBlack Solves Working Capital Problem for CleverTouch

Invoice Funding

CleverTouch is Europe’s largest marketing automation consultancy, based in Alresford. It provides businesses with specialist consulting, training and mentoring, analytics and development of their marketing systems, making sure they get the best for their business. CleverTouch is unique in its ability to combine marketing understanding and technology appreciation to focus on the customer journey.

The firm is fortunate enough to have a number of high profile clients, including American Express, Legal & General, VMWare International and PayPal. Working with large organisations like these, m...

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Market Invoice Provides much needed Working Capital for Food Company

Invoice Funding

Inspired by a love of food, ex-City worker Charlotte Knight wanted to make a move into the food market.

Starting with a handful of her own recipes, G’Nosh was born and she was soon selling her dips into several quality retailers, including Selfridges and Ocado.

“I hit my mid-thirties and realised I didn’t want to spend the rest of my life commuting, jostling through airport lounges and missing my kids.

Ultimately, G’Nosh was born from life change, friends, family and food.

G’Nosh dips are sold by a range of retailers, including Ocado, Selfridges and Wh...

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Funding Circle Investors Help Fund New Bar

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.

Af...

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Claret Showroom

Peer-to-business Loans

Claret Showroom is a fashion distributor representing Australian and American brands to retailers in the UK and Middle East including the likes of ASOS, Urban Outfitters, Net A Porter and Selfridges. They run quarterly sales campaigns in the London and Paris showrooms inviting retail buyers to see new styles and pre-order for the upcoming season.

Started 9 years ago, the company made the switch from sales agent to distributor. The company has been working with some great brands and has been growing quickly off the back of that. The company has been growing fast over the last four years and that growth was putting a strain on cashflow. Alex and Claire, co-founders of Claret Showroom, didn’t want cashflow to throttle their gr...

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Kris Cruisers

Peer-to-business Loans

Chris Clark and his family wanted to take their Datchet based cruiser business to the next level.

Kris Cruisers were keen to refurbish their fleet of luxury boats. Despite a good credit score, the banks were not in a position or willing to help. They have a fleet of 11 luxury cruisers and 20 smaller boats that can be rented out for short day trips or weeklong excursions and can sleep between two and ten people.

Chris Clark, ownere of Kris Cruisers explains his experience and why he turned to Assetz:

“We’ve been trading for 47 years and had what I thought was a great relationship with our bank – we’ve never missed a payment.

“However, when we needed to refurbish some boats on our fleet, our bank abandoned us. We...

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Hampshire Cider Producer Expands with £72,000 Loan from the Crowd

Peer-to-business Loans

Mr Whitehead’s Cider was created by Angus Whitehead ten years ago “with £10k and some help from a couple of friends”, says Angus. Since then it has grown its turnover to nearly £1m and Angus employs experienced local people in a market he is very passionate about.

His company produces a range of ciders, vinegars and juices and is based near Alton, Hampshire. Now it is set to expand after securing a loan of £72,000 from the lenders of rebuildingsociety.com.

The loan will be used to complete the relocation of the business, which supplies cider to major supermarkets and nati...

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Bewley Recruit Money from RebuildingSociety Investors

A recruitment company has managed to raise over £60,000 on the peer-to-business lending site RebuildingSociety.com.

Bewley Recruitment Ltd established 20 years ago and according to the company that have never sought to be the biggest recruitment company but instead have focused on delivering excellent service whilst assuring confidentiality throughout.

Bewley offer recruitment services to the Legal Profession only and specialise in promoting opportunities attractive to Legal Executives and Solicitors at all levels of experience - up to and including Partners.

The recruitment company turned to R...

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