This summer will see the launch of our first ever equity finance raise on Crowdcube and will be the first step towards our dream of being a company owned by the people that love our chocolate. Ahead of this equity round we are looking to refinance some of our existing borrowing to unlock cash and supercharge our growth.
With four profitable years under our belt, turnover approaching £1m and a raft of miserable experiences dealing with traditional finance we have decided that we want as little to do with the financial services status quo as possible. Small business finance is broken and until technology fixes it we are looking to the crowd to help us build the greatest chocolate company in the world.
We are looking to refinance £70k of existing borrowing but are happy to overfund up to £140k in order to provide extra funds ahead of the equity round.
The loan will be repaid over a term of 5 years, at an interest rate of 8% per annum.
For a £20,000 investment NOMNOM would therefore repay £405.53 for 60 months.
If you’d like to join us in building the greatest chocolate company in the world just fill out your details on the next page and our legal team will prepare the paperwork accordingly. Minimum investment £5,000. Our latest accounts have just been filed at companies house (Company Number 08530299) showing another 65% growth on last year. If you would like further MI please get in touch with firstname.lastname@example.org our finance man who will be happy to share the information.Your support is incredibly important to us and lenders at this stage will receive 50% off our Test Kitchen Prototypes Subscription which will bring you right into the heart of NOMNOM sampling the fruits of the innovation lab as we begin our journey to create the next generation of confectionary icons.
Hope to see you here in sunny Llanboidy very soon!
Love, Lust & Marmalade
Ps - If you know anyone else that would be interested in investing in NOMNOM please do spread the word. No (B)ankers.