Discounted Stock, Fast Turnaround: Pet Supplies Retailer Converts £30k into £100k+ Revenue
Company Sector:
Retail – Pet Supplies
New Amount:
£30,000
Loan Type: Short-Term Loan
Loan Term:
28 Weeks
An online pet supplies retailer, delivering food, treats, toys and grooming accessories across the UK, was offered a batch of stock at a heavily discounted rate. The deal wouldn't wait, and the business needed fast funding to secure the stock. Delighted with our service, the client left a 5 star Trustpilot review:
“Outstanding Service and Support. I recently needed a loan, and the brokers I worked with were incredibly helpful throughout the entire process. They took the time to understand my situation, explained all my options clearly, and guided me step-by-step so I always knew what to expect. Their communication was excellent, and they were always quick to answer any questions I had."
"Thanks to their professionalism and support, getting the loan I needed was smooth and stress-free. I truly appreciate their dedication and would highly recommend them to anyone looking for knowledgeable and reliable.”
⭐⭐⭐⭐⭐
The Challenge
“The client did not have a strong business credit history"
The client did not have a strong business credit history and had previously relied on expensive borrowing. With the stock offer time-limited, they were clear about their requirements during our first conversation; funding was needed promptly and they wanted to repay once the stock had generated revenue.
Our Solution
"Within 5 days, we secured payout of a £30,000 Short-Term Loan"
Within 5 days, we secured payout of a £30,000 Short-Term Loan. Structured over 28 weeks, the Short-Term facility kept the interest cost down as our client planned to repay the loan as soon as the stock was sold.
The Results
"invested directly into stock, which went on to generate more than £100,000 in revenue"
The full £30,000 was invested directly into stock, which went on to generate more than £100,000 in revenue for the business. Once the revenue was achieved, they were able to settle the loan.
Could a Short-Term Loan help you seize a time-sensitive opportunity? Contact BEAR Business Finance today 01832 770 273