Case Studies
€250K Fast Business Loan Funds SME Expansion
Clancy Business Finance got me €250K in just 2 days—fast funding, zero hassle, and the equipment was ours.
The Outcome
- €250K business loan secured
- Loan approval within 24 hours
- Funds drawn within two days
- Three-year loan term
- Specialist used recycling equipment purchased
- Equipment secured ahead of other bidders
1.
Summary
The business had the opportunity to purchase specialist recycling equipment at auction for €250K. The equipment was an excellent fit for the company’s needs, but there was no time to wait for a traditional bank loan. CBF reviewed the requirement and introduced a lender able to move quickly, securing approval within 24 hours and arranging the funds in time for the auction.
2.
Challenge
With the equipment being sold at auction, the business needed certainty that the funds would be available within days. A traditional loan application was unlikely to meet the required timeframe, and missing the auction would mean losing the opportunity to acquire the equipment. The business therefore needed a lender capable of assessing the application quickly and releasing the funds without delay.
3.
Approach
CBF identified a lender specialising in fast business loans and submitted the application with the information required to make a quick lending decision. Approval was secured within 24 hours and the €250K was drawn two days later. The funding was arranged over three years, allowing the business to complete the purchase and secure the specialist equipment ahead of other bidders.
