Simon’s Bakery Chain
Simon owns a neighborhood bakery in London, specializing in artisan breads and baked goods.
The Bakery is currently thriving and Simon would like to expand and open two additional shops in other London neighborhoods.
Simon did some online research looking for the best financing solution for his business. “Fundbird matched me with the best options for my business needs, saving me a lot of time and money” said Simon.
The funding solutions Fundbird matched Simon with, assisted him in finding the loan he needed to grow and expand his Bakery to additional locations. “There are so many different funding solutions out there, and understanding what’s right for my business was confusing. Using Fundbird helped me find the right option and receive the funding I needed to fulfill my dream.” said Simon.
K. Design Company
Karen is a successful designer who sells her home decor products through an online shop on one of the leading e-commerce websites
Karen’s sales and revenues are seasonal, with peaks around Christmas and Easter. During these peaks, the pressure to keep up with manufacturing costs can be stressful and costly. She is required to pay upfront to her suppliers and manufacturers, before the sale of the products. Sometimes these costs can reach as much as £90,000.” Every year during peaks I am faced with the same challenge of having to pay suppliers up front, this is costly and really affects my cashflow” said Karen. From previous experience, she knows that she is able to sell her entire stock and cover the expenses , but the upfront costs really affect her business.
This year, before Christmas, she looked for a new alternative. She discovered Fundbird, and quickly and easily saw that there are funding solutions that specifically match her needs of a short-term loan to cover her high seasonal expenses that cause cashflow difficulties. “In previous years I had to borrow money from family and friends when faced with cash-flow challenges, this year I understood that there are alternatives, and Fundbird helped me find the right funding for me” said Karen.
Within a few hours of beginning the process on Fundbird, Karen was matched with the right lender and received the necessary funding she needed to properly prepare for the seasonal peak.
Peter and Sam are a father and son who own and run a countryside Bed & Breakfast.
The family run B&B is on their countrside estate, and has been in the family for over 130 years. Recently occupancy rates have gone down and after doing a bit of research and reading reviews, Sam understood that their B&B needs renovation to meet travelers standards. Once they would renovate, they could charge more per night and occupancy rated would increase. Peter and Sam visited their local bank, but were turned down. “The bank explained that since the business financials were showing a decline in sales and revenue, we don’t meet the criteria” Peter explained.
A friend recommended they search for alternative funding solutions and Sam went online and completed the application on Fundbird. “With Fundbird the process was simple and easy to understand, within minutes I saw matches, a few days later we received the funding we needed” said Sam.
Peter and Sam found the funding they needed through Fundbird, and were able to transform their family business. ” We knew that renovating the B&B would made a big difference, but we never imagined revenues would increase by over 50% within 3 months. Getting the right funding allowed us to revive and grow our family treasure” Peter emotionally said.