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loanLoan
Capital at risk
36
Months
16.5%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

The Food Barn, led by an industry veteran with over 25 years of experience, is a renowned wholesale catering butcher and supplier specializing in frozen seafood, fish, charcuterie, and dairy products. What distinguishes them is their ability to provide a one-stop solution for all protein requirements, leading to significant cost and time savings as they streamline the supplier network. They prioritize customer satisfaction, maintaining long-lasting relationships, and ensure timely deliveries. Please note there was a system error on the accounts when launching the campaign, this has been rectified. Accounts are now accurate.

Your Protein Source, Our Quality Assurance

As the founder and driving force behind The Food Barn, my journey in the food industry has been nothing short of transformative. I started from humble beginnings, a lone operator with a single van, and through unwavering dedication and a passion for quality, we have evolved into a thriving establishment with FSA approval. Our mission is clear – to consistently deliver the highest quality food products, punctually. We have honed our expertise in wholesale catering butchery and become trusted suppliers of frozen seafood, fish, charcuterie, and dairy products along with catering Halal meat.

What sets us apart is our commitment to being a one-stop solution for our clients' protein needs. This means they can streamline their supplier base, resulting in not only significant cost savings but also valuable time savings. Our customer-centric approach is the cornerstone of our success. We believe in fostering strong, lasting relationships, and our customer base reflects that commitment, with most clients choosing us as their primary protein supplier for five years or more.

At The Food Barn, we leave no room for compromise when it comes to quality and efficiency. We have embraced modern practices with cutting-edge stock control systems, ensuring full traceability from field to fork. Moreover, our Food Standards Agency. Approval for our cutting plant adds an extra layer of assurance for our valued customers. In a rapidly evolving industry, we are proud to stand tall as a symbol of excellence, driven by a passion for quality and a commitment to customer satisfaction. With every order we fulfil, we are not just delivering products; we are delivering trust and reliability. And as we continue to grow, our workforce is our greatest asset, with ongoing training opportunities allowing them to flourish alongside our business.

Credit Commentary
The director is providing a personal guarantee, which means should the business fail, and there are insufficient assets within the business to repay the loan, we can look to the director to repay any shortfall on repayment. The director has a medium financial profile. The director is a homeowner his property has been calculated at almost £200k. The funds will be used to consolidate current loans and provide an element of working capital. The directors can be traced for several years with no issues.

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.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 54k
Raised
£ 54k
Investors
161
Est close date
Funded 6 months ago in 19 days

Where will the funds go?

Working Capital
£27,174
Loan Consolidation
£27,174

Key people

RV
Robert Van Der Liet
Director

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Business brand

Market Harborough, UK

"Your Protein Source, Our Quality Assurance"

Incorporated
5 years, 2 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.