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Business funding, simplified
Receive between £1000 and £300,000² in business funding today and pay your balance through a pre-agreed percentage of your daily card sales.³
Rogue Boutique case study: How a fashion retailer used Liberis to save their business
Fashion Retailer Conquers Covid
Rogue Boutique is an online and in-store womenswear retailer. They used Liberis to aid in addressing the challenges posed by the pandemic and capitalise on increased customer demand when the world opened back up.
Lockdown drained their cash reserves. Once restrictions were eased, business came back in a big way, and they needed more stock to keep up with demand. The only way to make money in this business is to keep the stock fresh, Lexi tells us.
About Rogue Boutique
Rogue Boutique is an online and in-store ladies' fashion retailer. They used Liberis to ride the wave of the pandemic and capitalise on increased customer demand when the world opened back up.
The solution
The Liberis cash advance enabled them to purchase new stock and ride the wave of booming business after such a difficult period. Lexi recalls that their first advance was paid really quickly in line with their success. Rogue Boutique kept 80% of card sales, and Liberis took 20%. It worked so well for them, he’s said they’d do it again next time they replenish their stock.
Industry: Fashion
Location: UK
“It's easy. The payment mechanism works well and is straightforward – we don’t even have to get involved."
Gearing up for growth
Once the business stabilised after lockdown, Lexi looked for opportunities to increase revenue.
“We wanted to purchase a new machine which allowed us to make our own t-shirts and print on them. The overall goal was to increase sales and revenue. There were also some things we needed to upgrade – the business needed a little TLC”.
The second cash advance allowed them to purchase the machinery to make their own t-shirts, plus there was some left-over which Lexi told us “has come in handy”. “It’s gone towards smoothing out cashflow and has helpful to know it’s there in the background if we need it. It takes the pressure off things like salaries and rent”.
To find out how much funding your business may be eligible to receive, tap the button below.
This product is provided by Liberis Ltd. Terms and conditions apply. Amounts and pricing may be subject to change, depending on credit profile at enquiry. Offer is valid for 30 days from date of this communication. Applications are subject to an underwriting process before any final offer can be made.
Amounts and pricing may be subject to change, depending on the past performance and the consistency of your business at enquiry.
You will be expected to operate your business in a way that ensures Liberis receives a minimum monthly amount of up to 3% of the total amount owed to Liberis.
As of June 2022, 85% of successful applications received funding within 2 working days. Any preliminary approval will be based on the information about your business that is available at the time. You will get a final decision after submitting an actual application.
Your credit score is not affected by applying for a BCA. Taking out a BCA may affect your credit score.