loanLoan
Capital at risk
36
Months
13.5%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

Partnering with some of the leading manufacturers such as Coca-Cola and Johnsons & Johnsons, Noble Suppliers provide drinks, cosmetics, personal hygiene, hair products, and more. Committing to offering reliable and quality products, Noble Suppliers is expanding and are now looking for funding to purchase stock.

Putting our customers first - providing timely and excellent services.

Since launching the business three years ago, we saw a huge demand in the market for soft drinks in the wholesale trade, and using our business savvy skills, we were ready to start a new venture to meet the needs in the market and expand the range of supplies from more than just beverages to baby products, batteries, cosmetics, confectionery, and even delivery.

We highly value our customers and take the time to continuously improve our services from their feedback. Our products are of high-quality and we price them to their value. What’s more, is that we make sure we keep a high standard regarding the timeliness of our services as we understand the importance in its value.

As we continue to expand, our vision is to increase our sales to twenty million in the next five years, as the market normalises. We are fully committed to supplying our current and new customers for the forthcoming years and hopefully one day we can make the company into PLC so the community and others can benefit from it.

We cannot wait for you to join us in our journey as we continue to grow our company. The funds raised for this campaign will go towards purchasing stock.

COVID-Resilience:
Similar to many businesses across the country, we had been affected by the impact of COVID-19. However, we are fortunate to be in the food sector, an industry that has not been affected due to government restrictions and lockdown. In fact, we have found that the demand for online groceries has doubled since the start of lockdown.

https://www.theguardian.com/business/2020/aug/20/pandemic-prompts-doubling-of-online-grocery-shoppers-in-uk

Credit Risk Comment:
The directors are 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 that there are assets to cover the loan in the event the business fails. There have been no CCJs for the business or director.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 100k
Raised
£ 53k
Investors
141
Est close date
15d 7h

Where will the funds go?

Stock Purchase
£100,000

Key people

AQ
Akhtar Qureshi
Director

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Business brand

Ilford, UK

"Putting our customers first - providing timely and excellent services."

Incorporated
3 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.