One year on: did you lend to this manufacturer?

Last month we visited David Potter, Director of Ambic, who is based in County Durham and borrowed £100,000 in July 2013.

Ambic is a long-established UK manufacturer and their primary focus is making and fitting educational furniture. They supply schools, universities and offices in the North East of England and pride themselves on the quality of their furniture; and the experience their staff bring to the field.

In this short video you’ll meet David, who set the business up 30 years ago. You can find out more about his manufacturing business and how his Funding Circle loan helped him with working capital over the busy summer months.

Ambic borrowed £100,000 from 1,277 investors through Funding Circle in July 2013.

If, like David, you’re interested in taking out a working capital loan for your business, you can get started on the application here.

Jack Pritchett

Senior Communications Manager

 

3 thoughts on “One year on: did you lend to this manufacturer?

  1. The funding
    circle appears to be a well-organized and innovative financial concern. Having seamlessly
    explored the departments comprising the overall underwriting principal’s
    facilities, I was most impressed, because they have everything in place to both
    meet and support customers’ needs and investors’ expectations. I am currently
    weighing up my chances of acquiring funding for projects at hand I also hope to
    contractually engage with the funding circle in a brokerage capacity in the
    near future.

  2. the trouble with this example is it does not encourage. If A 30 YEAR-OLD BUSINESS CANNOT GET FINANCE THEN OUR BANKS TRULY ARE useless to all.
    how about some examples about start-ups?

Comments are closed.