You have started your business. Invested your time, money and dreams, and now you need to spread the word. You need to tell people why you are the very thing that the big wide world is looking for. But talk aint cheap. In fact, the client in this case study was looking for a bridging loan to invest in a new website and marketing plan to gain a voice within their industry.
Problem was, according to the high street lenders, a loan for business use could not be secured against a residential property. The company director’s wish had fallen on deaf ears. He was left with a company to promote, equity to fund its promotion but no loan.
Enter the BridgeCrowd.
Thanks to the extensive experience, forward thinking and presence within the industry, the BridgeCrowd made the decision to progress this loan. Their ‘valuation only’ product, allowed them to complete the loan he wanted quickly and efficiently, free from the restraints held by high street lenders.
Because the director chose the BridgeCrowd, his business can now soar into the New Year with a message that can be heard loud and clear.
Louis Alexander, pictured, managing director, BridgeCrowd said:
‘This is a great example of our ethos here at the BridgeCrowd – to offer effective financial solutions that are not otherwise available on the high street. We take each case on individual merits and because we underwrite our loans in house, we are not tied down to restraints suffered by major banks. We were thrilled to be able to offer this new business the cash injection they needed so quickly, and we wish them every success for the future.’