Meet Neil McDonagh, a Funding Circle introducer from HCF Commercial Finance
Neil McDonagh is a Director at HCF Commercial Finance, and was first introduced to Funding Circle through the NACFB in 2010.
Neil met the directors at Spartan Motor Factors, a vehicle parts supplier in South Wales, back in early 2014 and could see straight away that it was an established business that traded quickly. At the time, the business was looking for cashflow to secure a third unit in Bridgend, within a small window of opportunity. In this short video, Neil discusses why he felt Funding Circle was a particularly good fit for Spartan Motor Factors.
Spartan Motor Factors borrowed £75,000 through Funding Circle in May 2014. The loan has ensured positive cashflow allowing them to open a new branch and build a mezzanine floor in their Cardiff branch, doubling their stock.
Neil said “Funding Circle has evolved over the years and provides a very slick service. They’re very approachable if there are any questions you have about the process. They’re very helpful and it’s a very seamless end to end process.”
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