This customer had experienced rapid growth after opening its ecommerce store selling organic beauty products worldwide. Creating an overwhelming demand for its products and in-house salon treatments.
Following the withdrawal of a funding offer from her bank, and no other sources of money to expand to capitalize on this growth. Our lender could support this opportunity, quickly enabling borrowing for £15,000, for the relocation, allowing her to double the number of stylists on the salon floor and in turn increasing turnover substantially.
Funded: £15,000 Sector: Beauty Funds For: Expansion loan Timeframe: 24 months
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