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TVAF 7 West Mills Yard, Newbury, Berkshire, RG14 5LP
A well established tech company based near Reading, approached us via their accountant who we knew through networking. In 2019 they were looking for working capital, to help them implement structured changes to the business. The business hadn’t been profitable for some time, but they knew they needed to make some rapid changes, including restructuring the senior management team, increasing their sales and marketing effort through rebranding and implementing an effective marketing and PR strategy.
For many businesses in this situation, additional funding is one way to turn a business around and luckily we could support this business with two loans at £50,000 and £75,000. We were delighted to support them in their growth aspirations via the alternative finance market when their bank was unable to provide support they needed.
We were equally delighted to hear from the business owner that the changes that they made were so successful, they had managed to pay both loans off early. This is a brilliant example of how smart financial solutions can change the course of success for a business and TVAF was delighted to play a part in this!