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NGU Mobile - NGU
What started as a mobile phone repair company grew into a complete one-stop shop for both the business and consumer markets in less than ten years. Under the names NGU Mobile and NGU Business, entrepreneur Burhan Oruc rapidly grew his companies into a major player in the business services market. Swishfund helped him.
The challenge
The challenge in this customer story is the need for flexible working capital for rapid growth in a competitive market. Oruc needed additional inventory for his company NGU Business to expand various services. Traditional banks were reluctant to finance growth companies, so Oruc looked for a financing partner that offered more flexibility. He found this at Swishfund, which, with rapid capital injections, enabled NGU to grow rapidly and continue to serve market demand.
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