Motor finance firm Finance Link has secured £50,000 form GC Business Finance through the Bounce Back Loan Scheme (BBLS).
Based in Trafford Park, Finance Link was founded by Jake Bulger in February 2020. After securing a £50,000 BBLS loan from GC Business Finance, Bulger invested in a digital marketing campaign to increase awareness of Finance Link and secure new leads.
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GC Business Finance is an alternative finance provider for businesses unable to obtain finance through their regular bank. It offers loans ranging from £500 to £500,000, including CBILS, start-up loans, equity investment, export finance and micro finance.
In November, GC became the first local authority-backed delivery partner to offer BBLS loans when Greater Manchester Combined Authority pledged £10m emergency funding to support businesses in the region.
Jake Bulger, founder at Finance Link, said: “The BBLS loan from GC Business Finance has been a godsend. As a new business, it really took the pressure off and enabled us to focus on our growth plan. Since launching our digital marketing campaign, Finance Link has gone from strength to strength, and we are looking forward to further growth as employees return to the office in the near future.”
Andy Nichols, senior loan manager at GC Business Finance, adde: “The last 18 months have been really tough for businesses, so we’re proud to have helped Finance Link to get off the ground and achieve impressive growth with a five-figure BBLS loan. Jake deserves a lot of credit for navigating the business through the challenging circumstances presented by COVID-19, and we are excited to see where Finance Link goes next.”
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