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£150,000 funding secured for London content studio
Reach Commercial Finance has secured a £150,000 loan for a specialist content studio based in central London to help address short-term cashflow issues and support growth.
Osaka Labs is a content activation business helping brands gain social presence. The business blends data and creative to elevate storytelling and pushes brands to get in front of people on social platforms, exceeding ordinary across paid media and performance marketing.
The business had grown significantly in the past 12 months presenting a positive picture for growth, revenue and profit, but strict payment terms were causing cashflow issues.
Recommended in by Osaka Labes accountant, Mike Parkinson from Reach reviewed the options and recommended the idea of an unsecured loan from Funding Circle - a lender specialising in fast affordable solutions for small businesses. Reach helped Osaka Labs secure an offer within 48 hours at a favourable rate.
Sam Gormley, Founder of Osaka Labs, said: Mike provided a thorough, informed approach and found us a great deal in an amazingly short time. Ites a weight off our mind and will allow us to plan for continued growth in 2022.
Mike Parkinson commented: The business is well run and financially strong which gives lenders confidence to support. Funding Circle was the perfect option for Sam and his team. Their focus is all about providing simple, hassle-free business loans to help small businesses thrive.
‚‚Reach Commercial Finance is an independent financial brokerage of Leonard Curtis Business Solutions Group. It has a wide range of experience in helping limited companies and corporate entities secure funding.
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Reach Commercial Finance Limited. Registered in England no 09056450. Leonard Curtis is a trading style of Reach Commercial Finance Limited. Leonard Curtis is a broker not a lender and is independent with access to the whole of market. We may receive commissions that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed. Authorised and regulated by the Financial Conduct Authority FCA no. 753686. Registered with the Information Commissioner’s Office reference ZA069234
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