Boost Provide Cash For Company to Surf for new Stock

Peer-to-business Loans

I started the business in October 1990 after previously having a surfing-orientated retail business for two years. Originally the company comprised one store of approximately 2,000 square feet but it's now three stores of a total of 6,000 square feet, all in Newquay. Although Newquay is a seasonal town, we have made an effort to stay open every day of the year except Christmas Day.

I originally raised money for the much smaller surf store in 1988, with a deposit of £5,000. I did it by saving every penny I had over a period of 18 months to achieve that deposit in order to get the business moving.

Back in 1990, ...

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Market Invoice Finds Invoice Solution for Design company

Invoice Funding

CADA Design Group provides interior design services for food and beverage stores.

Their 30-strong team, based in London’s Southbank, work with clients all over the world, from China to Brazil, India to the UK. It was formed in 1992 by David Callcott (current president of the Chartered Society of Designers and former Managing Director of John Michael Design Plc) and David Anderson.

Working with large corporates, CADA has always seen issues with long and late payment of invoices.

Using MarketInvoice

Being a design agency focused on service delivery, CADA is low on fixed assets such as mac...

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FundingKnight Calms the storm at Lake Inns & Leisure

Peer-to-business Loans

Reason for the loan? expansion and refurbishment

Number of lenders in loan? 129

Trading as Countryman Inns, Nick Lake runs a chain of nine public houses through his company Lake Inns & Leisure Limited, based near Redruth in Cornwall. He employs between 60 and 80 people at any given time.

Due to storm damage sustained earlier last year, Nick needed to carry out some urgent repair work on a number of his pubs – plus he needed to carry out some routine refurbishment and renovation on some of his other outlets. Naturally, his first thought was to approach his bank to ask for the necessary finance. H...

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Tag Happy to Play the Crowdlending Game

Peer-to-business Loans

Games with frontiers. LendingCrowd gets into gear.

We were delighted to have helped Tag Games raise £150,000 of capital for new product development and the commercialisation of its technology suite.

Tag is a leading developer of mobile, tablet and handheld video games with a range of global clients including Square-Enix, Ubisoft and Electronic Arts.

As one its first crowdfunding projects, the Scottish crowdfunding platform is pleased to have worked with Tag. The debt finance behind LendingCrowd will be used to fulfil the company’s expansion plan which CEO Paul Farley said would otherwise have held the business back.

He stressed:

“...

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Archover Solves Credit Problem

Peer-to-business Loans

Founded in 1994, TruTac is a market leading logistics software company.

Their core business is analysing tachograph data from road haulage and passenger carrying vehicles. Records are analysed in accordance with strict EU and GB regulations. TruTac makes managing compliance easier for all fleet sizes and sectors.

The Problem

TruTac used an invoice discounting facility for 19 years, which was proving to be an expensive form of credit. The company was looking for a better solution.

Solution

TruTac found ArchOver, a P2P lender, and sought a loan of £100,000 to reduce credit costs. The loan was spread over a 24-month period and funding was secured within a mont...

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Unique Stock Option Success for Upcycling Company

Invoice Funding

Company Details:

This client is an upcycling company – they take used and scrap electronic goods, and if possible refurbish and resell them, if not, they recycle them.

Testimonial:

‘What a great product! GapCap has given our business the cash flow boost to start supplying much larger companies, simply because we can now take their 90 day payments. The stock option works perfectly - we get cheaper rates, shift excess inventory and expand our sales channel – what a fantastic finance facility!’

John, MD of our client

Transaction Challenges:

This client came to GapCap because they had an opport...

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Increased Sales for Farm Machinery Manufacturer

Invoice Funding

Company Details:

This client provides arable farmers with innovative solutions to field cultivation problems.

Testimonial:

‘For growing companies, GapCap performs a useful function. Being able to offer our customers tailor made payment terms is a really useful tool. Our cash flow benefits, whilst at the same time satisfying our customers’ requirements.’

Richard, MD of our client.

Transaction Challenges:

Our client’s primary customer only offered 90 day payment terms, which became a serious restriction on growth. The client was in a position whereby he wanted to transact on 8 machines over the fir...

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Assetz Provide New Homes for Horses

Peer-to-business Loans

Alison and Clive Worker wanted to convert an abandoned waste ground to an equine centre but needed the funds to do so.

After trying a number of high street banks the couple turned to Assetz Capital to raise the finance and thanks to 330 investors, they managed to raise £152,000 to help them start their business.

The Workers wanted to provide stables for rent and before the business had even launched they already had a waiting list.

Potterspury Equine Centre, in Milton Keynes, will also provide care for horses that are recuperating, rider training and courses in horse husbandry, as well as collection, delivery and transportation of horses.

With t...

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Wholesaler Provided with The Tools To Grow

Invoice Funding

Company Details:

A Leeds-based wholesaler of end of line retail goods, working alongside the likes of Matalan and Primark.

Testimonial:

‘I would like to say the following - I have been very impressed with GapCap! The manner in which you have conducted your business has been excellent. Your service and execution of funding, truly magnificent and we look forward to a long and lasting business relationship.’

Bobby CEO of our client

Transaction Challenges:

This client initially struggled to gain a financial solution due to the newly established nature of the business. They required a finance facility which would a...

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Seedrs Helps Serve Up Food Craving

Equity Funding

Oppo lets you give in to your cravings while staying healthy. Rather than having to choose between healthy or indulgent dessert options, Oppo makes compromising a thing of the past with their low sugar, superfood-rich, delicious ice cream range.

Oppo replaces cream and sugar with virgin coconut oil and stevia leaf and boosts each flavour with delicious superfoods to make an indulgent, premium ice cream. In fact, one portion of Oppo’s premium, indulgent ice cream contains fewer calories than an apple. An apple!

Opportunity born out of necessity

The idea for Oppo was born during the Summer of 2011 when brothers Charlie and Harry Thuillier travelled to Brazil ...

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Funding Circle Lenders Put New Thrill Experience on the Water

Peer-to-business Loans

Peer-to-peer lending helped a powerboat experience company widen their list of attractions.

Saber Powersports offer adventure experiences on their fleet of powerboats off the coast of Southampton. They needed to raise finance so they could purchase a new engine for one of their boats, helping the business to grow.

Simeon Penn has been racing powerboats for over 25 years and both him and his father are both ex-National Champions. Simeon now runs Saber Powerboats out of Sharock Quay, Southampton.

In May, they took out a business loan of £20,000 through Funding Circle, which was f...

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Archover Helps Food Suppliers Money Starvation

Peer-to-business Loans

Nibblers was established 15 years ago to bring quality snacks to pubs and wine bars, which have long been restricted in their offerings. They now supply a range of quality nuts, olives, crisps and other products to an extensive range of customers throughout the UK.

Nibblers count many of the leading managed pub group estates, hotel groups, theatre groups, casinos, ferry companies and over 1,000 individual outlets among their customers.

Over the last two years, Nibblers have invested in their own individual pot packaging machine producing their own exclusive brand, which currently includes 14 different products.

The compa...

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Wellesley Helps Build High End Houses

Property-based Loans

This is an ongoing development loan.

We found Wellesley & Co. online when we were searching for funding. We telephoned and were immediately put through to a Director that helped us with our enquiry and explained the process by which we are now at. We were granted a development loan in the region of £2 million over one year to build five high specification houses with unique views over both the Dorset coast and rolling hills. The expected finish date is August 2015 and our exit strategy is the sale of plots on completion.

Why we picked Wellesley:

Wellesley simply picked us. Wellesley looked at our ability to build, saw our vision and recogni...

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Liberis Provides Cash Boost for Hair Salon

Paul wanted to open a new hair salon but didn’t have the funds to do so – Liberis was the saviour.

The owner of Clayton & Company Hairdressing wanted to open a new salon quickly and efficiently so went to the bank to get a loan but what he didn’t expect was for them to be unsupportive and inflexible.

After several discussions and finding out the bank wanted additional charges added to his loan, Paul turned to Liberis for help.

The loan from the revenue-based lender worked really well for the salon owner as he only paid back when he had customers, which meant he didn’t struggle to pay the loan back if it was a quiet month in ...

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Trade River Helps Company Stay Green

Peer-to-business Loans

Company Profile

Name: GreenHomes Ltd

Sector: Renewable Energy Importer

Turnover: £20,000,000

Staff: 65 employees spread across three workshop/warehouses and HQ

Location: Nottinghamshire, UK

Company Description:

GreenHomes provides both full scaled packages for home owners and businesses looking to lower the carbon footprint of their premises, lowering their need for power from the national grid and also manufactures solar panels for wholesale to companies across the UK. With the bespoke aspect of the business, sites are remodelled to include clean, renewable electricity-generation solutions, tailored to each site and the spe...

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Plumen

Peer-to-business Loans

An energy efficient lighting company felt pushed away by the bank so turned to Growth Street for the finance that they needed to grow.

Plumen Ltd established four years ago with the aim of converting the world to using low energy lighting and has seen the company grow very quickly.

What Co-founder Michael-George Hemus found was that many people didn’t find the original energy saving bulbs to be too pleasing on the eye so their first step was to find something that people would like to use in their homes without feeling embarrassed.

There turned out to be a very simple solution for this and their first product was a redesign of the original bulb by shaping them it in different ways. Plumen began selling in the UK but soon found themselves...

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Personal Approach is Key for STS Storage

Peer-to-business Loans

A storage company who had a long relationship with a bank finally built up the courage to turn to alternative finance and couldn’t be more pleased with the outcome.

STS Storage, who is owned by International Controlled Atmosphere Ltd., is an expert in the design, installation and maintenance of cold storage technology.

The storage company had built a solid reputation over the years and wanted to enhance these recent successes in a new market by getting a £60,000 loan to support their growth. STS would also look to add an additional engineer to their team.

Tony Drew, Finance Director of International Controlled Atmosphere Ltd. said:

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Simulity Turns to BMS Finance for Working capital

Peer-to-business Loans

Earlier this year BMS Finance provided £1.5m of senior debt finance to the telecommunications company, Simulity Labs Limited in its latest successful loan deal.

Simulity is a leading smart card solutions provider to the wireless communications industry and were founded in North Wales in 2009. Alongside its offices in Cape Town and Kuala Lumpur the company employs 35 people and run by a proven management team.

The telecommunications company provides SIM cards and associated software to a wide range of wireless telecoms companies operating in South America, Europe, the Middle East and Asia together with a recent win in th...

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A New Key to the Future

Equity Funding

Has the time finally come where keys to unlock doors are now in the past?

According to Sesame Labs that is the case – the technology company has invented the Sesame Smart Lock which gives access to friends, family and vistors without keys, codes or RFID chips.

The only thing you need is your smartphone. Sesame detects your phone through Bluetooth LE when you come home and automatically unlocks the door for you.

The lock also automatically locks the door after you when you leave. Through your phone or the online dashboard you can share access to your home with others, by letting Sesame unlock the door via their phones as well.

At the end of last year Sesame Labs turned to crowdfundi...

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Car Manufacturer Takes an Alternative Route

Invoice Funding

A Midland-based car prototype manufacturer has turned to Platform Black to improve cash flow at the company.

Pinnacle Design has a huge international client base, which is one of the firm’s great strengths, but it can only occasionally stretch its cash flow so needed to find an alternative way to keep the cash flowing.

After examining many options, suggested by their financial advisers Nicholls & Roe, they decided that Platform Black stood out for them, with the reasons being other platforms:

Had technical issuesWere less flexible Didn’t quite cater for what they were looking for

The car manufacturing company has been design...

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