Bristol-based online Travel agent Heidi has received a £250,000 business loan via SWIG Finance.
The ATOL-protected business offers flexible, great-value ski and snowboard holiday packages. Their offerings include hundreds of ski resorts throughout Europe. Moreover, Heidi’s booking technology makes it easy for customers to discover their perfect holiday, whatever the date or destination.
The business needed funding to support the transition through a rebrand. Consequently, they forecast that the headcount will rise with 6 new jobs on the horizon as the brand grows.
Of the funding, business co-owner Marcus Blunt commented “It is very encouraging that SWIG takes a human approach to lending. This is what made the experience so positive. Our business manager, Nicola, took the time to understand our business, what we needed and where we wanted it to go. Nicola was able to see the opportunities ahead, which significantly contributed to securing the funds”.
SWIG Finance Senior Business Manager, Nicola Mapp, added “Alexander and Marcus have worked incredibly hard to keep the momentum going despite the very harsh market conditions created by COVID. The fact they have been able to continue growing the business whilst facing major disruptions is a testimony of their determination to succeed. Furthermore, the product they are offering is innovative in their marketplace. Their mission to make these types of holidays more accessible is key in helping them to stand out against their competitors”.
We have business loan funding available in Bristol and beyond.
SWIG Finance is a non-profit company that supports viable South West businesses that can’t secure sufficient funding from their bank. By empowering underserved SMEs to overcome their financial barriers, we are working to create a more balanced financial ecosystem.
We’re growing every year. In 2021/22, we lent £10.8m to 502 businesses, helping to create and secure over 1,000 jobs and generate £32.3m. For more information visit https://www.swigfinance.co.uk/social-impact-report-2022/
If you’d like an informal chat about your funding requirements, get in touch with our friendly and professional team to see how we can help: info@swigfinance.co.uk / 01872 227 930.