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loanLoan
Capital at risk
36
Months
11.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

Genpower are the only UK importers for several power equipment suppliers from across the globe. They supply a huge range of power equipment including petrol generators, garden machinery, and construction equipment. Having raised successfully on our platform in 2016, they are back to complete another round to develop a new lithium-ion battery-powered garden machinery range which will present excellent growth opportunities.

Our mission is to become the number one supplier of high quality power equipment in the UK.

For over ten years, we have been the sole UK importer of high-quality power equipment from suppliers such as Hyundai, BE Pressure, and Evopower. Our product range consists of equipment used by leading companies that are active in a range of sectors. Our equipment ranges from petrol generators to pressure washers, power tools, and garden machinery, with a wide range of parts and spares.

Our customer service and high standards won us a partnership with Hyundai only a year into our formation, and why we have been awarded several commendations by institutions such as The Sunday Times and The Chamber of Commerce who both rewarded us for our rapid growth.

We had a successful round of funding with Crowd2Fund in 2016 that helped us to expand internationally, and introduce a new ordering system that helped to streamline our processes. This time around we are once again asking for the help of the Crowd2Fund investor community to aid us in the next stage of our product development: we are working on a new lithium-ion battery-powered garden machinery range. These products present a fantastic growth opportunity for us by selling throughout Europe via Amazon.

Here are some of the sites we sell our goods to:
thepowersite.co.uk
hyundaipowerequipment.co.uk

X

Business keeps the raised amount even if target is not met.
Loan - product type
Tranche (1 of 2)
£ 263k
Raised
£ 155k
Investors
507
Est close date
Funded 5 years ago in 29 days

Where will the funds go?

Product development
£250,000
Working capital
£13,200

Key people

Roland Llewellin
Director

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Business brand

SA72, UK

"Our mission is to become the number one supplier of high quality power equipment in the UK."

Incorporated
18 years, 0 months

Risk warning

Past performance and forecasts are not reliable indicators of future results. Your capital invested is not covered for compensation in the event of a loss by the FSCS. Tax treatment will depend on the individual circumstances and may be subject to change. Please see our Risk section before making an investment decision.