In the growing demand for marketing around the globe, agencies are looking to expand but are in need of tailored business loans and working capital in order to do so.
Established in Leeds in 2016, a growing sales and marketing agency that specialises in strategy, planning, and tactics for clients across the UK, was looking to expand their services to Australia.
To accelerate this expansion, the agency needed significant working capital to establish a physical presence in Australia, recruit local talent, launch marketing campaigns, and invest in technology and infrastructure. Instead of slower organic growth, the agency sought immediate funding and turned to Millbrook Business Finance. Millbrook was able to offer a competitive loan, enabling the agency to fast-track its expansion plans.
A growing sales and marketing agency based in Leeds, established in 2016, specialises in strategy, planning, and tactics for various clients across the UK. The agency, led by CEO Tom, a sales and marketing leader with over 14 years of experience, aims to expand its marketing services to Australia.
Tom's agency needed substantial cash flow to accelerate their strategic expansion into Australia. This strategic plan involved:
● Establishing a Physical Presence: Securing office space and setting up operations in a key Australian city.
● Recruiting Local Talent: Hiring skilled marketing professionals and support staff to build a local team.
● Marketing Campaigns: Launching aggressive marketing campaigns to penetrate the new market.
● Technology and Infrastructure: Investing in technology and infrastructure to support international operations.
Rather than growing organically, which would take longer, the agency sought immediate funding to maintain working capital for faster growth. After approaching several brokers, Millbrook Business Finance offered a more competitive quote.
So how did Millbrook Business Finance assist this marketing agency with their overseas expansion?
Lloyd Blanks, a Business Finance Specialist at Millbrook, explored various options and secured a £295k unsecured business loan for the professional services agency. The loan, spread over 72 months, was approved and disbursed within 24 hours, allowing the agency to move quickly with their growth plans.
Business loans provide vital support for companies looking to expand or stabilise their operations. Key benefits of unsecured business loans include:
● Fast Access to Funds: Quick approval and disbursement to seize growth opportunities.
● Flexibility: Unsecured loans that don’t require collateral.
● Manageable Repayment Terms: Customisable terms to suit the business’s cash flow.
● Strategic Growth: Enables significant investments in expansion, hiring, and infrastructure.
With the £295k business loan secured, Tom's agency is set to embark on their expansion into Australia. The strategic plan includes:
● Office Setup: Identifying and leasing office space in Sydney.
● Talent Acquisition: Recruiting a mix of experienced local professionals and relocating key UK staff.
● Resource Allocation: Investing in cutting-edge technology and infrastructure to support seamless operations.
● Market Penetration: Launching targeted marketing campaigns to build brand awareness and attract new clients in Australia.
This funding has enabled the agency to expedite their expansion plans with strategic business finance, positioning them for success in the Australian market.
With the expert guidance of Lloyd Blanks and Millbrook Business Finance, Tom’s sales and marketing agency secured a £295k business loan.
This has facilitated their rapid strategic expansion into Australia, allowing them to set up operations, hire talent, and launch aggressive marketing campaigns. The loan’s quick approval and disbursement have provided the agency with the financial support needed to achieve their ambitious growth targets.
Get in touch to discuss your business financing needs with one of our experts. Alternatively, apply for business finance with Millbrook now for a tailored financing solution that can help you raise working capital for strategic projects and growth plans.