loanLoan
Capital at risk
36
Months
15.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

Established in 2006, Troo Health Care is an e-commerce shop selling high-quality health supplements catering for immunity, joints and bones, eyes, heart health and also a vitamin and multivitamin range to help remedy any vitamin deficiency. Their offering even extends to vitamins and supplements for pets. While they continue to grow, Troo Health Care is committed to maintaining its personal touch and customer-centric core values. The company is now seeking funds to expand even further.

Strengthening your immunity and health.

At Troo Health Care we care about maintaining a personal touch - providing our customers with the very best experience and products possible. Founded in 2006, we are a family-owned business and are committed to maintaining excellence across every aspect of our business and how we operate. Our staff are friendly and always willing to help our customers and provide peace of mind. Customer satisfaction is our priority and all our customers are welcomed and catered for with the respect they deserve.

We care about quality and source our supplements from the very best suppliers - many of which are certified organic.

Our supplements cater to a wide range of dietary needs including halal, vegan and vegetarian options. With categories ranging across function, gender, and age, our supplements serve everything from brain functionality, digestion, diet, energy, heart health and immunity to improvement in joints, bones, liver, eyes, skin, hair and beyond.

As well as mineral capsules, we also sell multivitamins and vitamins A-K separately. In addition, we sell supplements to help cater for the health and wellbeing of your pets.

As demand for our products continues to grow, we are seeking funds for expansion.

COVID-Resilience:
The e-commerce sector has grown during COVID-19 and since the start of the pandemic, the sales in vitamins and supplements had increased by 51.2%.

https://www.ft.com/content/fbcfe8df-4ab9-47c3-974e-320e0d320d19

https://www.forbes.com/sites/louiscolumbus/2020/04/28/how-covid-19-is-transforming-e-commerce/?sh=69b835443544

Credit Risk Comments:
The directors are providing personal guarantees, this means that if the business fails the directors become personally liable for the loan. The directors are homeowners, 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. The business experienced a slight drop in shareholder funds which is reflected in the lower Equifax score, however, this was not due to the business making losses but rather taking out dividends.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 64k
Raised
£ 64k
Investors
157
Est close date
Funded 27 days ago in 11 days

Where will the funds go?

Working Capital
£31,915
Stock Purchase
£31,915

Key people

John North
Director

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Business brand

Newcastle Upon Tyne, UK

"Strengthening your immunity and health."

Incorporated
11 years, 7 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.