Stratton Tea Ltd:

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Stratton Tea Limited

Originally referred into the LCR Finance Hub by River Capital investment manager Sue Chamber in December 2022, we worked with Razi Khan of Stratton Tea to deliver a set of integrated financial forecasts to support his application to River Capital for £100,000 funding from the British Business Bank’s Northern Powerhouse Investment Fund.

The financial forecasts were formulated by drawing on Razi’s experience in the tea industry with Typhoo Tea and portraying these in a format River Capital were confident with to provide the funding required. 

Razi returned to the LCR Finance Hub in May 2024 for further support to help him secure a second advance from River Capital’s North West Business Growth Loan Fund for a further £100,000 to support the businesses further growth and expansion. 

The agile working relationship the LCR Finance Hub has with River Capital and other lenders allows for sensitisation of the figure to be undertaken within a working model to determine the feasibility of each loan, resulting in timely decisions for organisations like Stratton Tea, ensuring they can continue to focus on moving forward and the areas of the business that will truly drive growth.

Razi has a huge amount of experience in the sector which we were able to use to deliver two realist sets of financial forecasts to support his applications to River Capital which have hopefully set Razi well on the way to establishing Stratton Tea as a major local force in the sector – George Wright LCR Finance Hub Manager Lead

Project Details

BUSINESS NAME

Stratton Tea Ltd

FINANCE PROVIDER

River Capital

BUSINESS TYPE

FMCG

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