Don’t invest unless you’re prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
loanLoan
Capital at risk
36
Months
17.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

GreenTeck Global is a pioneer in alternative green technologies, offering affordable, sustainable, and energy-conscious solutions that will significantly improve the environment. Founded by David Thurston in 2017, with the goal of educating businesses about the benefits of switching from dangerous chemicals to sustainable methods. They are currently seeking funds for equipment and expansion.

Pioneering sustainable, energy conscious and cost-effective cleaning technology

I was inspired to start GreenTeck Global after my mother entered a dementia care home. I was determined to provide the home's vulnerable inhabitants with a healthier living environment because of the odours that persisted there and the poor sanitary standards. Combining extensive research with my skills in the design and manufacturing of electrolysis equipment and ozone generators, GreenTeck’s sustainable range of environmentally friendly cleaning products were born.

Trioxygen (O3), which is 100% natural and successfully replaces an ever-increasing dependence on damaging and hazardous chemicals, lies at the core of our solutions. Trioxygen is often referred to as "Mother Nature's own oxidizer" because it is produced naturally. Despite being well known and used internationally for over 30 years, trioxygen is still largely unknown in this country. It is an excellent cleaner, steriliser, purifier, and is beneficial to the environment. The cutting-edge technologies provided by GreenTeck Global bring the "power" of trioxygen to UK businesses and industries, providing previously unheard-of levels of smell, pathogen, and bacterium cleansing and control.

I've been designing and manufacturing trioxygen generators for 10 years, and I've worked in the US, China, and with Ozone Solutions, one of the biggest ozone producers in Central America. I have a wealth of international expertise and a stellar reputation in this highly specialised field. Leading organisations have recognised GreenTeck Global with accreditations. NHS, Gordon Ramsey, and the Ministry of Justice are just a few of our clientele. As a family run business we are dedicated to eco-friendly technologies, championing change is in our DNA. We are currently seeking funds for expansion and equipment.

Credit commentary:
The director is providing a personal guarantee, this means that if the business fails the director becomes personally liable for the loan. The director is a homeowner, however, this does not ensure there are sufficient assets should the loan need to be recovered. There have been no CCJs for the business or director. The director has over 50% shareholding in the company by virtue of shares owned by Green World Technology Ltd, of which C2F has taken a guarantee. The Equifax score and grade, on which we base our assessment of risk, are based on the September 2022 filed accounts. We have performed our assessment on recent financial information, including three-month December 2022 management accounts, which were not available to Equifax. The management accounts show that the three month pre-tax profit was £7,292.14 and net equity was £794,741.72. The bank statements demonstrate reasonable affordability and the accounts remain well in credit.

Inflation Risk:
As the majority of lending to the business is at a fixed rate, they will not be immediately affected by interest rate increases. The directors do not expect to draw money from the business as all capital is vital for the growth of the business.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 106k
Raised
£ 107k
Investors
202
Est close date
Funded 1 year ago in 8 days

Where will the funds go?

Equipment
£53,191
Expansion
£53,192

Key people

David Mark Thurston
Director

Got a question for the business?

For more information on the business, please login and ask them a question directly.Sign in to Ask

Business brand

Wallingford, UK

"Pioneering sustainable, energy conscious and cost-effective cleaning technology"

Incorporated
6 years, 8 months
Credit risk indicator

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.