Our Customers' Stories

Kreative Kutz 2-Go by Katie

Kreative-Kutz
Kreative Kutz

The Company:

Katie operates a thriving mobile hair grooming service that brings all of the comforts of a full barbershop or salon to residential homes.

The Dilemma:

An unplanned spike in orders left Katie being understaffed and underfunded to pick up the extra employees she needs to make sure her business can grow. She needed more company vehicles, salon equipment, and certified employees with the right skills, all of which requires starting capital. This has happened before in the past, and Katie knows that she missed out on lots of opportunities, but is still able to slowly expand, just not at the rate her market demands. Katie talked with friends and family members to find affordable options for new employees and was able to find a few great stylist, but none were able to provide their own equipment, leaving Katie stuck at the beginning again.

The Solution:

After spending time collaborating with old friends, performing lots of research into loan options, Katie landed at FinImpact, where she was able to find the perfect funding option that was easy to understand and met her needs that would allow her to expand and meet the demand of her industry’s market.

The Result:

After going through the process and receiving her funds within hours, Katie managed to expand her business from a single mobile salon to an entire fleet that has allowed her to reach out to surrounding cities for future advancements. “I never thought, I would be able to do more than just operate a business. Thanks to Finimpact, I am now able to own the business and have employees helping me succeed. None of this would have been possible if it were not for the support of Finimpact” Katie joyfully shares.

Dave’s OneClick Electronics

Dave’s OneClick Electronics

The Company:

Dave owns and operates a unique mobile electronics store, that lets users shop from their phones and then brings the order to the customer.

The Dilemma:

OneClick Electronics grew faster than imagined and now Dave is being overwhelmed with orders outside of his targeted neighborhood. His inventory gets too low because he is spending too much time trying to fill as many orders as possible. There are no other employees, and Dave has had to frequently disable his mobile app in order to give him time to restock, before selling out again. Dave’s problem is that he has a hard time keeping a stockpile of inventory, due to a very limited budget and time constraints. With low inventory and low manpower, Dave’s concerns are his market will stop using his service if he keeps running into shortage problems.

The Solution:

Dave has never had a problem turning a profit and continues to do so. By getting financial help and reaching out for a loan to help fully stock his inventory, Dave will be able to fill more orders than normal before running out. Additionally, with the extra funds, Dave can afford to bring on a few hands to help him finally meet the growing demand for his unique mobile-store business.

The Result:

After finding Finimpact and working out the details, Dave was able to get the funding he needed to bring OneClick Electronics to the next level, allowing them to expand and fill more orders without the worry of having to tell a customer no. “No business owner wants to tell a customer they are out of something or close down because they do not have enough help to meet the demands. Thanks to Finimpact, I no longer have to tell my customers that I am out of anything. My community is happy, my business is happy, and my customers are happy, thanks to Finimpact’s diverse and flexible funding options”, Dave excitedly expresses

Simon’s Bakery Chain

The Company:

Simon owns a neighborhood  bakery in London, specializing in artisan breads and baked goods.

The Dilemma:

The Bakery is currently thriving and Simon would like to expand and open two additional shops in other London neighborhoods.

The Solution:

Simon did some online research looking for the best financing solution for his business. “Finimpact matched me with the best options for my business needs, saving me a lot of time and money” said Simon.

The Result:

The funding solutions Finimpact matched Simon with, assisted him in finding the loan he needed to grow and expand his Bakery to additional locations. “There are so many different funding solutions out there, and understanding what’s right for my business was confusing. Using Finimpact  helped me find the right option and receive the funding I needed to fulfill my dream.” said Simon.

K. Design Company

The Company:

Karen is a successful designer who sells her home decor products through an online shop on one of the leading e-commerce websites

The Dilemma:

Karen’s sales and revenues are seasonal, with peaks around Christmas and Easter.  During these peaks, the pressure to keep up   with manufacturing costs can be stressful  and costly. She is required to pay upfront to her suppliers and   manufacturers, before the sale of the products. Sometimes these costs can reach as much as £90,000.” Every year during peaks I am faced with the same challenge of having to pay suppliers up front, this is costly and really affects my cashflow” said Karen.  From previous experience, she knows that she is able to sell her entire stock and cover the expenses , but the upfront costs really affect her business.

The Solution:

This year, before Christmas, she looked for a new alternative. She discovered Finimpact, and quickly and  easily saw that there are funding solutions that specifically match her needs of a short-term loan to cover her high seasonal expenses that cause cashflow difficulties. “In previous years I had to borrow money from family and friends when faced with cash-flow challenges, this year I understood that there are alternatives, and Finimpact helped me find the right funding for me” said Karen.

The Result:

Within a few hours of beginning the process on Finimpact, Karen was matched with the right lender and received the necessary funding  she needed to properly prepare for the seasonal peak.

Countryside B&B

Business Funding Finimpact.com testimonial

The Company:

Peter and Sam are a father and son who own and run a countryside Bed & Breakfast.

The Dilemma:

The family run B&B is on their countrside estate, and has been in the family for over 130 years.  Recently occupancy rates have gone down and after doing a bit of research and reading reviews, Sam understood that their B&B needs renovation to meet travelers standards. Once they would renovate, they could charge more per night and occupancy rated would increase. Peter and Sam visited their local bank, but were turned down. “The bank explained that since the business financials were showing a decline in sales and revenue, we don’t meet the criteria” Peter explained.

The Solution:

A friend recommended  they search for alternative funding solutions and Sam went online and completed the application on Finimpact. “With Finimpact the process was simple and easy to understand, within minutes I saw matches, a few days later we received the funding we needed” said Sam.

The Result:

Peter and Sam found the funding they needed through Finimpact, and were able to transform their family business. ” We knew that renovating the B&B would made a big difference, but we never imagined revenues would increase by over 50% within 3 months. Getting the right funding allowed us to revive and grow our family treasure” Peter emotionally said.