loanLoan
Capital at risk
36
Months
10.5%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

Established in 1985, Lea Valley Motor Company (Chingford) Ltd are a used car retailer that takes extra steps to make sure that every vehicle sold is in excellent condition, and pair drivers with their dream car. With the money raised, they are looking to refinance existing debt while obtaining working capital to continue the growth of their business.

Quality is our guarantee.

Since the beginning we have aimed to make the process of purchasing a used car one that is as straightforward and beneficial to the customer as possible. We strive to create an environment where the potential buyer is not placed in a high-pressure environment and is paired with the perfect car to fit their lifestyle. Our customers are able to take advantage of warranty on all cars purchased as well as our finance options that allow them to not be left out of pocket.

Our warranty and finance plans are just two of the many extra steps that we take in our process that has led to us building a stellar reputation in our sector and with our customers. Any vehicles sold from our retailer undergoes a rigorous 82 point preparation checklist that covers a vehicle's history, its interior and exterior, and its tyres down to convenience such as spare keys and remote fobs. It is because of the care and effort that we put into our vehicles that we are a trusted RAC Approved Dealer.

With plenty of experience in the sector, we have grown continuously year-on-year and need funds to help us to carry on along the same trajectory. We will use the funds to not only help the business expand but refinance some of the existing debt that we have in the business to free up more capital that can be used to focus on finding drivers the perfect solution to their needs.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Tranche (2 of 2)
£ 34k
Raised
£ 13k
Investors
114
Estimated close date
19d 20h

Where will the funds go?

Loan consolidation
£100,000
Working capital
£22,400

Key people

VB
Vincent Burkwood
Director

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Business brand

London, UK

"Quality is our guarantee."

Incorporated
31 years, 5 months
Equifax score
37 / 100
Equifax Grading
powered by Equifax
Average score
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Risk warning

Investments like these involve risks including loss of capital. Please see our risk section before making an investment decision