Bristol Case Study
I wanted a business loan and didn’t know where to start.
Mr Locavic – Start Up Loan
I found Pinnacle Finance online as I wanted a business loan and didn’t know where to start. I enquired through the website and spoke to a finance broker at Pinnacle. He kindly talked me through the process of securing business finance, along with the finance options I could potentially benefit from. I told him about how my business worked and why I wanted the business loan. Previously I found it difficult to raise business finance as I had only been trading for six months. The bank wanted to see previous trading history and I didn’t know who my bank manager was. The commercial finance broker at Pinnacle explained there was an array of alternative finance loan providers. They won’t require annual accounts to supply a short-term business loan. The finance broker also explained the different types of loan and why an unsecured business loan would most likely be the best option.
I sent them my business bank statements and a brief description of what I was going to use the business loan for. In less than 48 hours the broker called me back and explained he had 3 business loan offers form me! I could decide which one to choose from and it allowed me to carry on running my business, whilst Pinnacle did all the hard work for me. They put me in touch with the lender and the funds were released into my business account the same day!
The business loan has really transformed my business finance situation and improved cash-flow. I used the business loan and invested in taking on an additional staff member. Now the staff member is generating income and I’m looking to invest again. I know Pinnacle is there for me and always provide expert guidance and service. The process was simple and efficient from start to finish and it’s giving me the confidence to invest in my business.