Coffee Merchants UK
Robert Patrick, owner of Coffee Merchants UK, has previous experience of crowdlending, having successfully raised finance through another crowdlending platform at a time when there were very few companies in the market. When Robert was looking to obtain additional funding for the coffee pod machine around 18 months later, he discovered that there were many more companies who were now offering business loans through a crowdlending platform. One of the companies Robert discovered during his research was LendingCrowd.
Why they chose us
LendingCrowd stood out to Robert for two reasons. Firstly, due to the company being new to the market and its relatively small size, Robert felt this would likely result in a higher level of service and feel less like dealing with a ‘corporate’ finance company. Secondly, the funding criteria LendingCrowd offered were more flexible than those offered by competing platforms.
A happy ending
Two days after contacting LendingCrowd, Coffee Merchants UK’s pitch for funding went live. Rated as an A+ loan, attracting the lowest level of interest rate and risk, the company successfully reached their loan target of £53, 500 within 3 weeks of their pitch featuring on the loan market.
Securing the funding meant that Coffee Merchants UK was able to go ahead with the purchase of the new machine allowing the manufacture of ESE coffee pods, making the company one of only 3 suppliers in the UK and Ireland. Being able to produce ‘own brand’ coffee pods for itself and other companies is a huge boost to the business, providing it with greater control over its products and allowing it to consolidate its position as a leading UK supplier of ESE coffee pods.general education degree higher education act illuminate education master of science in education ministry of education national education association rudy giuliani education sycamore education the chronicle of higher education the education of an idealist: a memoir topics in education research va education west haven board of education what education is needed to become a psychologist american education services phone number college of education colorado department of education cooperative education program early childhood special education education equity education of donald trump emma watson education hunters education maryland board of education new york city department of education obama's education oregon department of education preschool education riverside county office of education shelby county board of education special education quotes sue bryce education wild iris medical education apple education discount in store baldi's basics in education and learning career technical education compulsory education education com games play education companies education level education news education sociology f. scott fitzgerald education general education hillary clinton education lre special education martin luther king jr education masters of education abbreviation nc education lottery results nurse practitioner education office 365 education psychologist education requirements the education of little tree movie united states education ranking utah state board of education va education benefits phone number which statement about general education policy is most accurate baldi's basics in education and learning game bandlab for education brown versus board of education brown vs the board of education brown vs. board of education chelsea clinton education christian light education classical education continuing education for nurses credit union education disciplinary alternative education program doctorate of education