Mr P – London
- Commercial
- 03/11/2023
Mr P runs a rapidly-growing retail business, selling high-quality Biltong & other cured-meat products.
The business launched at the start of 2021 and initially started trading at local food markets, food festivals etc.
Business has been growing from strength to strength since then and they now have permanent stands at 8 different London markets each week.
Our client was seeking some funding in order to invest in re-designing their branding & packaging as well as upgrading their website so they can start building more of an online following (that can match their strong physical presence)
Having discussed the different options available, the client agreed that they’d like to use a revenue-based funding facility (with repayments tied to their card machines) to limit the impact on day-to-day cashflow.
We managed to obtain a number of offers for the client within 48 hours of receiving the necessary information & documentation. Upon acceptance, the client’s merchant terminal provider was able to make the necessary changes fairly quickly, so they were funded within the week and now have £25,000 for rebranding & growth for the year ahead.