Industry: Bakery and Confectionery
Location: Manchester, UK
Our client is a popular local bakery known for its artisanal cakes, pastries, and desserts. Since opening its doors five years ago, the business has enjoyed steady growth, attracting a loyal customer base and even securing a few wholesale contracts. However, a sudden opportunity to supply a large chain of cafes required a rapid increase in production capacity, which meant urgent capital was needed to expand their facilities and purchase additional equipment.
Bella’s Bakes needed a business loan of £75,000 to finance the expansion. The owner, Bella Wilson, approached multiple banks and traditional lenders but faced a series of rejections. Despite her business’s success, issues like a short trading history and weak credit made securing a loan difficult. Time was running out, and without the necessary funds, Bella risked losing the lucrative contract.
Desperate for a solution, the business contacted Ignite after hearing about their reputation for helping businesses secure financing when traditional routes fail. Ignite immediately understood the urgency of the situation and got to work on finding the right loan for the business.
Fortunately, we were able to secure the funds secured with one of our many funders and so the business was able to quickly purchase the necessary equipment and expand their production facilities. This allowed them to meet the demands of the new cafe chain contract, which has since become a significant source of revenue.
The successful expansion enabled the business to increase production capacity by 50%, not only fulfilling the new contract but also serving more customers in their retail locations. The business saw a 30% increase in overall sales within the first three months of the expansion.
By working with Ignite, the business not only secured the urgent funding she needed but also established a relationship with a lender who understood her business’s potential. This relationship will be invaluable for future financing needs as Bella’s Bakes continues to grow.
“I was on the brink of losing the biggest opportunity my business has ever had, but then I found Ignite. They didn’t just find me a loan—they found me a lifeline. Their team worked quickly and efficiently, getting me the funding I needed in just a few days. Thanks to Ignite, my bakery has expanded beyond what I thought possible, and I can’t thank them enough.”
— Bella, Owner,
When the business faced urgent financing needs and was turned down by traditional lenders, we stepped in to provide a fast, effective solution. This case study illustrates how our expertise and lender relationships can make the difference for businesses facing financial challenges, helping them secure the funding they need to seize growth opportunities and succeed!
Industry: Manufacturing
Challenge: Expanding production capacity to meet increasing demand
This is a well-established manufacturing company specializing in custom metal components for the automotive and aerospace industries. Over the past few years, the company experienced significant growth, leading to a surge in demand for its products. To keep up with this increased demand, the business needed to expand its production capacity by acquiring advanced CNC (Computer Numerical Control) machinery. However, the upfront cost of these machines was substantial, and the company needed a financial solution that would allow them to invest in new equipment without straining cash flow.
The business looked for finance options, and that’s where they found us, Ignite Commercial Finance. Our team worked closely with the company to understand its specific needs and financial situation. After a thorough assessment, the team identified the best finance solution which allowed the business to acquire the CNC machinery with manageable monthly payments spread over a fixed term instead of using all their cash reserves for the purchase.
The facility ensured that the businesses cashflow remained strong whilst still being able to purchase the asset at the end of the term for a nominal fee of £150!
“Working with Ignite Commercial Finance was a game-changer for our business. Their expertise in machinery finance allowed us to invest in the equipment we needed to grow without jeopardizing our cash flow. The entire process was smooth, and their team provided exceptional support every step of the way. Thanks to Ignite, we’re now better equipped to meet the demands of our clients and continue our growth trajectory.”*
— Matt, Managing Director.
Ignite Commercial Finance’s tailored machinery finance solution enabled the business to expand its production capabilities, enhance its competitive edge, and secure new business opportunities.