December 1, 2019
"Funding Options basically took all the hassle out of it. We've now been able to expand the company to a point where the next step for us will be to bring in investors over the next year."
Founder and MD of Indie Brands Doug Cunningham was looking for a loan to boost the business's growth, but his bank couldn't help — we found his fast-growing company the right lender to help finance the expansion. We helped the premium spirits distributor get the unsecured peer-to-peer loan they needed to fund their expansion
Indie Brands is a distributor of independent premium spirits brands, curating a portfolio for the UK's best restaurants, bars, hotels, and retailers. They decided they needed some additional working capital primarily to help fund their growth, bring on more staff and purchase more stock. When MD Doug struggled to get funding via his bank manager, he got in touch with Funding Options to see if they could help. Doug got a lot of confidence from the Finance Specialist he spoke to who made the whole process really straightforward. He was able to continue running the business whilst the Finance Specialist went off and found the best finance for him. Doug found that Funding Options took all the hassle out of the process and as a result they were able to get the funding they needed to expand the company. The additional funding has allowed Doug to get Indie Brands into a position where they can bring on investors.
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"Excellent first conversation, it made me feel like they might be able to do something for our business which was very positive. The person I spoke to was very helpful and explained the process in great detail."
"Going directly to loan companies felt like a better option for us, the rates were slightly better and it felt like an easier process."