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
£

Having already successfully raised funds through Crowd2Fund and with a near perfect repayment history, Tectrix Solutions has now acquired a Microsoft partner company, Swan Network Solutions. They work to manage the technology needs for small businesses regardless of their physical locations, from both a hardware and software perspective. With a huge increase in demand for efficient, remote working technology, they are now fundraising for growth capital to cater for a growing customer base.

Your Trusted Technology Partner.

Following our last successful Crowd2Fund fundraising campaign under our brand Tectrix Solutions, we’re thrilled to be back working with Crowd2Fund, this time raising funds for our newly acquired company, Swan Network Solutions.

Swan Network Solutions have a reputation for providing IT services that go beyond just helping their clients with IT issues. They ensure that employees are able to do their jobs and can use their systems effectively. And with more people than ever working remotely due to the impacts of COVID-19, the need for enhanced IT services has never been greater.

Boasting a customer retention rate of 97%, higher than the industry average of 81%, Swan Network Solutions’ team of specialists have learned the best ways to understand what works for the pressures, needs and limitations of businesses.

https://bit.ly/3orimLe

Swan Network Solutions’ technology infrastructure has been refined and perfected over 15 years - taking advantage of new technologies in remote computer support, service management and customer service. Investing heavily in software and computer systems, Swan Network Solutions have been able to provide the right level of service and reporting that clients demand. The business now has an integrated solution that includes a professional Helpdesk, CRM, Accounting module and Quoting tool, with fully integrated systems providing highly efficient working methods to benefit all clients.

As Tectrix Solutions expands, we’re confident in our decision to acquire Swan Network Solutions and excited about the enhanced capabilities it will bring to both us and our customers. We’d love for you to be a part of our journey in helping us raise additional funds to grow Swan Network Solutions even further.

COVID-Resilience:
Since COVID-19, the IT Servicing sector has grown by 54% and continues to grow.
https://www.itproportal.com/features/how-covid-19-has-changed-investment-in-it-services-and-whats-next-for-the-industry/

Credit Risk Comments:
This deal is an exception to our policy as the director (Les Mitty) was only appointed recently, however, he has a history with us demonstrating his capacity as a director of Tectrix Solutions for over 10 years, and therefore we are willing to make an exception. The director is providing a personal guarantee this means that if the business fails the directors become 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 directors. There is a cross-company guarantee with Tectrix Solutions.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 150k
Raised
£ 117k
Investors
249
Est close date
Funded 4 months ago in 29 days

Where will the funds go?

Growth of Newly Acquired Business
£150,000

Key people

Leslie Mitty
Director
Red cup

Investor rewards

Get Technical

If you invest £1000+
10% Discount on all services

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Business brand

Manchester, UK

"Your Trusted Technology Partner."

Incorporated
17 years, 7 months
Product risk
Lower

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.