“They were very efficient”.Dec 14, 2016 Blog Marketplace Lending , SME
Reginald Amos was in need of a business loan for stock / inventory purposes. The price of raw materials for his business was about to be increased and he needed to obtains the funds in order to complete his purchase before the price hike.
He applied for finance through a finance institution, however the response time was taking too long. As he was requiring a business loan without delay, he chatted to his business consultant regarding options he might have to secure the funds he required. His business consultant referred him to RainFin and as he fitted the business loan application criteria, he registered online and submitted the loan application.
Reginald managed to secure the funds he required in time to purchase the raw materials before the major price hike which in turn made their products competitive. The business loan through RainFin assisted his business as he was able to make larger profits for CTC Sports.
The rapid response with which RainFin handled CTC Sports’ business loan application is what assisted Reginald in deciding to accept the loan offer. Due to his experience he would gladly refer RainFin to his family, friends and network. He is not only a borrower, but Reginald is also a lender on the RainFin platform.
CTC Sports is a Cape Town based company with leading franchising groups which services small businesses for uniforms, work wear and promotional requirements.
If you would like to contribute to the growth of businesses like CTC Sports and earn competitive returns, register online here.