Ventura Digital benefits from Coronavirus Business Interruption Loan Scheme (LDBF) via Let’s Do Business Finance

Ventura Digital benefits from Coronavirus Business Interruption Loan Scheme (LDBF) via Let’s Do Business Finance

With offices in Essex and Shanghai, Ventura Digital the digital marketing agency led by Dan Spicer, has gone from humble beginnings to a thriving company with clients across the world.

Ventura Digital has delivered impressive year on year growth and were embarking on the next stage of their expansion plans when they were struck by the unimaginable – the fast-moving and unknown variables of a pandemic like COVID19. With lockdown, changes in human behaviour, and less businesses being able to hold onto a marketing budget, like many others in the same position, Ventura Digital found planning for the future difficult to comprehend.

As part of their commitment to support local businesses and kick-start the economy, Let’s Do Business Finance (LDBF) were able to assist Ventura Digital with their expansion plans as an accredited delivery partner of the Coronavirus Business Interruption Loan Scheme (CBILS). LDBF are pleased to have been able to support Ventura Digital with funding so they could deliver their growth plans despite the challenges of COVID-19 uncertainties.

Having just secured additional funds, LDBF is able to provide a further £1.5m to Essex based businesses in their recovery from COVID-19 through the CBILS scheme.

The government-backed scheme includes no-set up fees or early repayment fees, interest-free payment holidays, fast turnaround times and flexible rates together with fully funded business support led by the LDBF team of experts.

As well as CBILS, LDBF provides a range of funding options up to £150k and greater than this through its lending partners. In the last year the organisation has helped 472 businesses to access just over £5m of funds.

These range from brand new start-ups, to young growing businesses, to long established and successful enterprises so LDBF are even more pleased to be able to help businesses like Ventura during this period of uncertainty.

Dan, CEO of Ventura Digital said ‘Let’s Do Business Finance have been an extremely valuable partner over the last few months, both in terms of providing support in acquiring finance to help drive our business growth; as well as providing mentorship and connections in the local business ecosystem including peers, partners and potential clients.”

Dan was also referred for support under a new scheme delivered by LDBF, Back to Business Essex. Delivering 12 hours of support fully funded by Essex County Council, the team will work with Dan to develop a webinar for Essex based SMEs around how to evolve business models post COVID-19 and support a new e-learning platform. For more information about the scheme, visit: backtobusinessessex.co.uk.

Ventura helps businesses to achieve a major edge amongst competitors, combining creativity with marketing methodologies and high-end technology with the promise of going above and beyond for their clients.

Dan bought the brand to life in 2016, utilising his skills and extensive background advising businesses on how to engage with online audiences. Dan is also experienced working with a range of investors and private equity firms supporting over 30 invested clients build digital marketing models and increase their bottom-line through improved digital activation. What began as a one-man band is now a team made up of 6 digital marketing professionals.

Ventura Digital provides paid-for digital marketing, SEO, content marketing, social media, and data research to review market/competitors and underwrite digital projections. Their extensive set of in-house skills ensures ‘top notch creative and technical execution.’ What more could you ask for?

An example of Ventura Digital’s varied clients is Pact Coffee for Business. The brand rings true to its philosophy of ‘show, don’t tell.’ The project saw a 50% decrease in cost-per-lead and a soar (by 92%) in click-through-rate from audience segmentation and targeted content distribution aligned to the buyers journey, just one of their many successful campaigns targeting the right clients at the right time.

‘We’re trying to help brands and companies bridge the gap between the hard world of data and the chaotic world of human behaviour’

In chaotic times like these, Ventura Digital can take the stress out of digital marketing by offering a service that will not just advertise your product but will be invested in delivering exceptional results through targeting and data-driven techniques.

Dan’s Business Manager, Dave Watson, said: “40% of Essex SMEs are unsure how their business will change in the future post Covid-19. It’s clear we’re moving into a different and very challenging economic environment where businesses are unsure on how to operate or more so capitalise upon opportunities. Digital will certainly play a key role amongst the winners and it’s great to work with Dan’s approach and vision around making that happen.”

Let’s Do Business Finance supports businesses across the South East and East Anglia with other clients to have benefitted from CBILS including a Kent hotel with £50k for working capital, an Essex accountancy practice with £67k for cash flow and expansion, £15k to a Norfolk based manufacturing company for working capital , £150k to a Suffolk based hospitality business for refurbishment and expansion and £20k to an East Sussex based electrical contractors to help them achieve growth opportunities.

Businesses looking for COVID-19 financial support are urged to apply quick as the scheme is set to finish on 30 September.

To apply for the CBILS scheme, please visit: https://www.letsdobusinessfinance.co.uk/cbils-ldbf