The business was a digital agency facing cashflow challenges while taking on new work.
They had already been offered loans at around 17% interest plus fees.
The Referral Partner was interested to see whether we could improve on the rates and terms already offered by lenders the business had approached directly.
Within 72 hours we had arranged a £300k unsecured loan at an APR of 14.5% over 5 years with no early repayment penalties as the client wanted to gradually overpay and settle the loan early.
These were far better terms than they’d previously been quoted and allowed them to take on some major projects.
From making one warm introduction that led to funding, the Referral Partner took away £3,000 in commission.
But what was more important was that our excellent service and innovative solutions made the Referral Partner look good in front of their business connections.
The business owners were impressed by how easy we were to work with, the support and advice we gave them, and our clear communications.
Within the first 9 months of working with this Referral Partner, we've supported seven of their clients, earning them nearly £9k.
This collaboration continues to be successful because of the shared values between this Referral Partner and Tony, our founder.
Both are hyper-focused on human connections, client results, empathy, and ensuring the business they conduct every day is infused with these values.
From making one warm introduction that led to funding, the Referral Partner took away £3,000 in commission.
But what was more important was that our excellent service and innovative solutions made the Referral Partner look good in front of their business connections.
The business owners were impressed by how easy we were to work with, the support and advice we gave them, and our clear communications.
25 Green Street, Mayfair, London, W1K 7AX
Risecap Ltd (Company no. 11203916) Data Protection Number ZA553906. The registered address is 3rd Floor, 86-90 Paul Street, London EC2A 4NE. Risecap is a credit broker and not a lender.
We will receive commission from lenders. Different lenders pay different amounts depending on different commission models. For transparency we work with the following commission models: fixed fee, fixed rate of commission, percentage of the amount you borrow. In some circumstances, we do not receive any commission or fee from the lender, we will detail the commission or fee scenario throughout your customer journey
Copyright © 2024 Risecap. All rights reserved.
0203 089 7919
hello@risecap.co.uk
25 Green Street London W1K 7AX
Risecap Ltd Data Protection Number ZA553906. The registered address is 85 Great Portland Street, London, England, W1W 7LT. Risecap is a credit broker and not a lender.
Copyright © 2022 Risecap. All rights reserved.
