Hunter Gee Holroyd’s expertise in the alternative finance market has helped one of its client in the motor industry to invest in new stock.
The client, Westmoreland Cars Ltd, approached their bank as they were looking for a loan of £62,500 to invest in additional stock. When they were turned down the company looked to Hunter Gee Holroyd for assistance.
Mark Grewer, Director, recommended that the client use the peer-to-peer lending platform Funding Circle. With his considerable experience of using the platform, Mark was able to process the application on behalf of his client, who was particularly impressed by how simple the process was.
Within hours of the application going live the full £62,500 had been offered and they were able to get the loan at a very attractive rate. Westmoreland Cars received the funds within just 2 weeks of their initial meeting with Hunter Gee Holroyd and were understandably delighted at the speed of the process.
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