Growth Funding Secured for Wilmslow based New Start Tech business.

Ascendis Funding Solutions, a Wilmslow based brokerage, led by Funding Director Glyn Jones, has assisted local entrepreneur, Carl Lowe, to secure funds to kick start the recruitment drive of his new venture, CloudFusion.

“This has been a particularly satisfying result for us as it can be difficult to convince lenders to release funds to a new start venture. Our usual process is to get an in-depth understanding of our client and what they are looking to achieve, and that is what really helped on this particular funding project. Carl is an expert in his field, and extremely well connected within the industry, so we had to convey that to the lender and support the loan application with the financial projections that demonstrated the full potential of his business”, said Jones.

“We were confident that in approaching Alison Powell, and the GC Business Finance team, that we were partnering with a lender who could support Carl’s ambitions from this early stage. Having an in depth knowledge of our lender partners is key to getting the right results for our clients, and we could see from the outset that GC Business Finance were going to be the right fit.

Carl Lowe, Founder at CloudFusion, added: “It’s a massive boost for us as a young business to secure the funds that now allow us to strengthen the team with some really key hires, and keep up with the increasing demand that we are already seeing in our services. We love helping local businesses move on to cloud based services, and it’s personally really pleasing to know that I am now also helping to create jobs in my local area too.

“When you are running your own business, working to tight deadlines, and wearing multiple hats day in day out, it doesn’t leave you much time. So getting the right people to assist, especially with regards to the finance side of things has been invaluable. It’s been great to get that support from Glyn and Alison, and I’m looking forward to continue working with them through this exciting growth phase of the business”.