Uncorking New Financial Possibilities With a Business Loan

Winenet International, LLC & Anfora Wine Merchants

Interview with owner James Freveletti, Lendr client since 2012

  • Industry

    Retailer

  • Location

    Bordeaux, France and San Gimignano, Italy

With over 25 years in the wine business, James Freveletti, Managing Partner of both Winenet International, LLC and Anfora Wine Merchants, never expected that he would have to rebuild his long-standing business. When the financial crisis hit, two of his larger international suppliers went out of business, causing him to lose product, capital, and profits. He turned to Lendr for a loan and was able to rebuild both wine businesses successfully.

  • Lendr

    What challenges did your business face following the recession?

    Winenet International, LLC & Anfora Wine Merchants

    Wine is a pretty recession-proof product. However, a few of our larger suppliers went out of business, and we lost a lot of product and capital. Essentially, we had to start from scratch. We had to rebuild.

  • Lendr

    What brought you to Lendr?

    Winenet International, LLC & Anfora Wine Merchants

    Tim Roach, CEO of Lendr, is a long time friend of mine. We've been friends for over 15 years. He talked to me about the loan process; a process that I never really knew was available to me. My first Lendr loan helped to keep us moving forward on the rebuilding path that we were on.

  • Lendr

    What factors made you move forward with Lendr?

    Winenet International, LLC & Anfora Wine Merchants

    I chose Lendr because I trust Tim. If Tim is involved in something, I feel secure about it. The people that are running Lendr are really good, solid people, so I was really comfortable. I never even knew this type of small business lending was available, mostly because I never needed it.

  • Lendr

    What was the application process like?

    Winenet International, LLC & Anfora Wine Merchants

    The application process was really simple and straightforward. Luckily we had the bank statements to back up the size of the loan we were taking. Lendr make it really hassle-free to go through the process. I like them, because they work with you. One thing with Lendr is they don't try to push more money on you than what you need. They want to make sure you're successful, because then it benefits everybody.

  • Lendr

    What would you say to a small business owner about Lendr?

    Winenet International, LLC & Anfora Wine Merchants

    Once you get established with Lendr, it gives you some peace of mind. It's nice to always know that if you're short on cash for one week or for one month, or if you want to plan for expansion, or if you just need some immediate help, Lendr is there to help. I know that I can call upon Lendr and get the financial support that I need at anytime.

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