At Crispcap, fast business loans have become our staple. That’s why we’re thrilled to have arranged a £50,000 loan for Sana International LTD in just a few hours.

The business owner, Zuber, has a convenience store based in the heart of Birmingham. He wanted an affordable and flexible business loan to get a higher return on investment on stock purchases.

We arranged a YouLend facility for Zuber which involves a unique system where a percentage of the turnover on his card machine is repaid to the lender. Read more about Sana International’s business growth below.

How Did Sana International Start?

Before building his convenience store, Zuber had ventured into many different avenues of business.

From 2010 he had a car wash business and worked as a car salesman as well. He told Crispcap that these experiences gave him the ‘hustle’ and ‘mindset’ to build another business from scratch.

Zuber had also saved considerable profits from the previous roles to reinvest in another company. He wanted to create something that had a stable and familiar presence in Birmingham. It needed to be a service that would become a community within the city.

Zuber opened Sana International, a convenience store that achieved his vision and became a symbol of his ‘hustling’ days in the years prior.

But, as any business owner knows, the hustle never stops. Zuber needed to find a sustainable way to keep the store open and thriving.

What Challenges Did He Face Before He Got a Business Loan?

Zuber had savings to support the cost of buying the commercial property and renovating it.

However, the day-to-day logistics of running a convenience store come with many overhead costs. Zuber decided that he wanted to strengthen the business’s cash flow so he could create a sustainable business plan. More than anything, it meant he could buy more stock.

He realised that if he could buy stock for the store and its butchers in bulk, he could benefit from lower costs from wholesalers. To his frustration, he could never profit from cost-effective offers on stock because he couldn’t afford the bulk price.

With speed being the priority, Zuber searched for fast business loans that could help him save more.

How Have Fast Business Loans Helped Him?

Crispcap arranged a £50,000 unsecured business loan for Zuber to repay over 12 months.

He was thrilled to get the loan term and amount he initially applied for.

His business was funded with a YouLend facility. This meant that Zuber received the full loan amount and then he will repay it through the store’s card machine. With every transaction, he pays a percentage as repayment to the lender. This works differently from the monthly repayments that most unsecured business loans require.

For Zuber, this was a perfect solution to his cash flow struggle. Utilising YouLend was a strategy that helped him secure the amount of funds he requested. This is because specialist lenders look at previous business transactions and lend what they believe the business can pay back. Zuber’s funding request was well within his business’s capacity to borrow.

Additionally, the transactional nature of his convenience store meant that the YouLend repayment plan was ideal. Zuber can receive the funds he needs for stock and then pay off the loan with every sale he makes.

It is a finance option that is convenient for the business owner and the lender.

What’s Next for Sana International?

Zuber will continue to buy stock at far lower prices, and he plans to reinvest the savings into more enhancements to the store.

The store has a butcher inside and he intends to put more focus on that revenue stream. Plus, the biggest savings on stock comes from bulk buying meat, which will allow for more produce at a lower cost.

We may hear from Zuber again for another business loan to grow his convenience store to even greater heights. For now, we wish him the best of luck with his thriving operation.

Moussa, Luthorcorp LTD – London, UK.

Crispcap arranged Luthorcorp £6,000 to boost their cashflow.

The company specialise in helping creatives manage their finances. In the past, the directors have worked with musicians, designers, and engineers.

Whilst Luthorcorp had only been trading for a few days, we raised a small business loan for them to kick-start their service. They are using the extra working capital to manage day-to-day expenses and widen their customer reach. They said:

“Sophie and Josh were amazing, super reactive. The help was given quickly, efficiently, and professionally.”

Am I Eligible For Fast Business Loans?

Crispcap are expert at arranging fast business loans for companies UK-wide, whatever their size.

You can check our eligibility criteria by filling in our 30-second form. The application process couldn’t be simpler, and it doesn’t affect your credit score.