Unsecured Business Loans Success Stories - Business loan pays out in just 24 hours!
- An e-commerce business needed to urgently smooth cashflow to cover delayed invoice payments.
Kristine is a director of an e-commerce business selling children’s winter clothing in over 8 countries online. As the cold months fast approach, her business is booming, however, stock levels need to be urgently replenished to meet the increased demand.
Most of the business’s sales take place on Amazon, but due to a delay in receiving their invoice payments, the business needs an instant business loan otherwise they can’t purchase the new stock they need.
After being refused for a loan elsewhere, they felt they were running out of time and needed a fast business finance solution.
Kristine submitted a quick and easy enquiry via Millbrook’s Eligibility Checker tool, and within 20 minutes Account Manager, Philip Booth had called her to help.
- Quick, efficient and high-touch client service to secure the best deal fast
After discussing the challenge Kristine's business was facing, Philip got to work scanning Millbrook’s panel of the UK’s best business finance lenders to find the right unsecured business loan.
Understanding that Kristine was busy preparing for the peak season, Philip meticulously prepared her application to ensure the lending criteria was met first time without any delays.
Due to Millbrook’s strength of relationships with lending partners, Philip was able to secure a competitive rate despite the challenging economic conditions too, saving Kristine thousands on another lender’s previous quote.
- Kristine’s unsecured business loan was paid out in just 24 hours
Due to effective communication and preparation, Kristine’s application was approved instantly with an increased loan offer of £26k to help her capitalise on the peak season.
The deal offered her manageable monthly repayments over 12 months – and the best part? The unsecured business loan landed in her account within just 24 hours of her enquiry, meaning Kristine could order her new winter stock and be ready to serve her customers.
Kristine has already reapplied for a further business loan to help with the expansion of the business and to take advantage of savings on bulk buying her inventory.
“We've worked with three or four brokers over the last ten years and Millbrook Business Finance were very fast and responsive, we will stick with them for any upcoming inventory finance needs this year.
Effective communication meant they secured us a reasonably priced offer in very difficult market conditions. Philip was friendly too!”
Philip Booth, Account Manager, said:
“It’s been a joy helping Kristine's business find the finance it needed. Millbrook are committed to exceptional client service and our expertise and strong relationships with lenders mean we are well-placed to arrange fast business finance. I'm thrilled to be already assisting Kristine again to help her meet her business goals for this year.”