Products used
The Challenge
“WE ARE ADVENTURE LTD”, a small car rental company, sought additional funding to manage cash flow challenges. The company had previously taken out a loan in 2023, which was fully paid off before applying for further financing. They needed financial support to smooth out cash flow fluctuations.
The Solution
The company approached a broker for funding assistance, and through this channel, Nucleus was selected as a potential lender. Nucleus quickly assessed the situation and approved a £20,000 loan in record time to help meet the company’s cash flow needs.
Deal Timeline
- Application Date: 28th November 2024
- Payout Date: 13th December 2024
- Time to Completion: 14 days
Impact of the Loan
While the funding was received relatively recently, the company plans to use it to address cash flow issues and support day-to-day operations. While the immediate impact is not very noticeable, the funds were explicitly acquired to help manage cash flow. The additional funds would allow the business to focus on acquiring new business and ensure that pending payments are received. In this manner, the mid to long-term benefits of the loan are e rather obvious.
Experience with Nucleus
The customer expressed satisfaction with the speed and ease of the process, noting that the entire experience was positive. They appreciated the quick approval and the timely disbursement of funds, although they were not initially aware of Nucleus, and their broker facilitated the connection.
Customer Feedback
“We are really happy with the £20,000 loan from Nucleus. The process was smooth and quick, and we appreciate the funding provided to help with our cash flow.”
Conclusion
The funding from Nucleus has helped WE ARE ADVENTURE LTD address its immediate cash flow needs, with the potential for long-term benefits as the business continues to grow. Despite initially being unaware of Nucleus, the company’s positive experience reflects the efficiency and customer-centric service that Nucleus offers to small businesses.
Founded in 2020, We Are Adventure LTD operates from Redditch, England. The company offers car and motor vehicle rentals for various purposes, catering to both individuals and businesses. Their aim is to provide practical, dependable options for those needing short-term or flexible transport solutions.
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