Client Background

Industry: Bakery and Confectionery
Location: Manchester, UK

About the Client:

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.

The Challenge

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.

The Solution

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.

Business Growth:

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.

Strengthened Financial Position:

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.

Client Testimonial

“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,

Conclusion

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!