Klass Online and their locally-based business www.gizzmoheaven.com
The company directors had a huge opportunity to grow this locally-based business, expanding product lines and services, and increasing locally-employed staff. To do this, they needed a funding facility to enable this, although having a strong and long relationship with their bankers, they declined to assist.
The directors met with a representative of Future Loans, who also visited the site of the operation. They spent time with the team reviewing the business plan and understanding the financials. Future Loans engaged the business and provided short term interest-only business loans to purchase the required stock. We also provided the asset finance to fund numerous vehicles for the business over a 5 year period. This relationship remains today and Future continue to work with the business and help to fuel its growth.
‘When a business grows rapidly, it’s hard to keep up. And when you can’t get access to the finance you need to expand, it adds extra pressure. Future Loans didn’t just give us a solution that worked, they took the time to understand where we were and help us move in the right financial direction.’