By Admin in YouLend 27.01.2017
Razor sharp blades at razor sharp prices
Barberskabet.dk is an online members club that delivers high quality razor blades at low prices by post. Started by two students in 2016 with a clear and simple business mission: to stop consumers paying a fortune, using old worn-out blades or simply forgetting to buy new ones. Try it on www.barberskabet.dk.
Why was YouLend such a good match for Barberskabet?
"Since we obtained the first YouLend Advance loan at the end of 2016 we have gone from 2,000 to well over 10,000 paying members, and at the same time we have already paid a large part of the loan back. We are no longer so dependent on the bank because YouLend gives us a more flexible and quick solution where the repayment rate follows the revenue. We now have the opportunity to increase the size of the loan so that we can keep up with the growing demand”, says Jesper Damgaard Petersen. “The banks were reluctant to provide funding because our company had only been active for six months and therefore could not show an annual financial statement.”