News
Leonard Curtis secures £1.525m funding deal for fast-growing industrial bakery
Leonard Curtis has secured a bespoke £1.525million asset finance facility for Capital Croissant, a fast-growing industrial bakery based in London.
Capital Croissant was created to revolutionise the wholesale Viennoiseries market with high-quality, ready-to-bake products with zero additives. The finance will enable the business to secure new machinery to support its long-term growth ambitions.
The Funding team at Leonard Curtis worked with an extensive panel to secure the right lender to support Capital Croissant with a structured asset finance facility. Led by Business Development Manager Richard Bruton, the team secured a deal with Lombard Asset Finance in just two weeks. Crucially, the lender was able to support the overall facility, which was structured in stage payments on larger pieces of machinery being produced and supplied from Europe.
Francois Bonnefoy, Managing Director at Capital Croissant, said: “As a newly established business entering a capital-intensive phase, we required a flexible funding solution that could support staged drawdowns for equipment arriving in phases and completed quickly in order to match supplier timelines.
“Securing this funding so quickly was a game-changer for us. Leonard Curtis understood our unique requirements and worked tirelessly to ensure the staged payments for our machinery were in place, allowing us to focus on growing our business. Their expertise and constant communication gave us the confidence to move forward with our plans.”
Richard Bruton, Business Development Manager at Leonard Curtis, said: “Capital Croissant came to us at a pivotal moment - poised for investment but needing funding structured in a way that matched its unique cash-flow and equipment supply timescales. Our role was to listen carefully, move quickly and work with a lending partner prepared to be flexible and decisive.
“We’re pleased to have delivered a solution that supports the business’ growth trajectory and gives the management team confidence to execute their plans.”
The deal underscores Leonard Curtis’ ability to solve complex finance challenges for emerging businesses, delivering tailored solutions at pace while building strong client relationships.
Leonard Curtis was introduced to Capital Croissants’ accountant by Tanaka Makawa, Business Development Manager at Lifecycle.
Feedback Form
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec ultricies consequat.
News and insights
Get in touch
with Leonard Curtis
Forward
with purpose
Leonard Curtis is a trading style of Reach Commercial Finance Limited, registered at Riverside House, Irwell Street, Manchester, M3 5EN. Company Register number is 09056450. Reach Commercial Finance Limited is authorised and regulated by the Financial Conduct Authority, FRN: 753686. Reach Commercial Finance Limited is an authorised credit broker and not a lender. We work with an unrestricted number of lenders to find a potentially suitable arrangement for your consideration. ICO registration ZA069234 and you can check via www.ico.org.uk. We will receive commission from lenders. Different lenders pay different amounts depending on different commission models. For transparency we work with the following commission models: fixed fee, fixed rate of commission, percentage of the amount you borrow and rate for risk (this is based on the risk profile of the business). Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey. Privacy notice.
Leonard Curtis Legal Limited is a limited company, registered in England and Wales with registered number 09820186. Registered office: Riverside House, Irwell Street, Manchester M3 5EN. Leonard Curtis Legal Limited is registered with the Solicitors Regulation Authority with number 626004.