Borrower Stories
UK SMEs that banks turned down — funded in days by LENDX. No black-box decisions. No six-week waits. Just a team that looks at your business, not just your credit score.
Borrower Stories
Every case below is a real business that came to LENDX after being declined elsewhere. Names anonymised on request.
Excavator purchase — groundworks expansion
The situation
Mid-sized construction firm needed an excavator to take on a new housing development contract. Two high-street banks declined — both cited "sector exposure" and length of time in business. The opportunity window was six weeks.
Funded in 5 days. Machine on-site before the contract start date. Client retained the contract.
"We'd already been turned down twice. LENDX looked at our order book and said yes in a week. That contract kept three crews working."
— Managing Director, Construction firm (East Anglia)3 HGV trucks — contract retention
The situation
Haulage operator had a £200K annual logistics contract requiring three additional HGVs. Their existing bank took six weeks to process the request. The client gave them a two-week deadline — or the contract went elsewhere.
Approved in 72 hours. Three trucks delivered. Contract signed and retained — plus a follow-on hire six months later.
"The bank's speed cost them the business. LENDX moved when it mattered. That contract is still ours today."
— Operations Director, Haulage firm (Midlands)Second site opening — hospitality growth
The situation
Café group with one successful site wanted to open a second location. The bank wanted two years of filed accounts and a detailed business plan before they'd even look. They'd been saving for two years and still came up short on fit-out costs.
Funds cleared in 8 days. Second site opened on schedule. Transparent rates meant they knew the cost from day one — no surprises.
"I knew exactly what I'd be paying before I signed anything. No hidden fees, no surprises at the end. That transparency is what convinced me to go ahead."
— Owner, Café group (South East England)Ready to apply?
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