Woodleigh Healthcare is an SME care provider in Leicester and Surrey. The business used a short-term working capital loan with a 61% APR and monthly repayments of £18,490, creating significant pressure on cash flow.
This level of repayment was putting significant pressure on cash flow, limiting the company’s ability to reinvest in services and plan for sustainable growth.
“By moving away from an expensive lender, the business reduced its monthly repayments and freed up over £144,000 per year in cash flow, enabling more sustainable operations and growth.”
With support from broker Lendoe, the business was introduced to First Enterprise, a Community Development Finance Institution (CDFI). First Enterprise provided a term loan designed to offer more affordable, longer-term working capital, helping the business move away from high-cost borrowing.
This resulted in over £144,000 in annual cash flow savings, reducing financial pressure, improving stability, and enabling the business to reinvest and grow sustainably while continuing to deliver essential care services.
Woodleigh Healthcare is an SME care provider in Leicester and Surrey. The business used a short-term working capital loan with a 61% APR and monthly repayments of £18,490, creating significant pressure on cash flow.
This level of repayment was putting significant pressure on cash flow, limiting the company’s ability to reinvest in services and plan for sustainable growth.
“By moving away from an expensive lender, the business reduced its monthly repayments and freed up over £144,000 per year in cash flow, enabling more sustainable operations and growth.”
With support from broker Lendoe, the business was introduced to First Enterprise, a Community Development Finance Institution (CDFI). First Enterprise provided a term loan designed to offer more affordable, longer-term working capital, helping the business move away from high-cost borrowing.
This resulted in over £144,000 in annual cash flow savings, reducing financial pressure, improving stability, and enabling the business to reinvest and grow sustainably while continuing to deliver essential care services.
