Dragons' Den pitch by money borrowing firm Just Lend paid off with two offers
Summary
Despite the nerve-racking experience, co-founder Craig Smith secured the company a successful investment.The entrepreneurial Thursday night series sees business owners showcase their idea before they ask for a specific amount of money to be invested, crossing their fingers that not all of the Dragons say, Im out.Just Lend starred on series 20 episode 2, where the firm was seeking \xa3100,000 for two percent of the business. Borrowers are seeking \xa3400,000 from their platform, according to Craig.Steven Bartlett offered Just Lend all the money for 10 percent of the business, which Craig accepted. He slept in his parents car in the churchs driveway another moment that led to the Just Lend idea.Craig later joined Peter, a man he bumped into on Brick Lane, for his new start-up and helped build a successful mapping provider for one of the biggest tech companies on the planet while living in San Francisco.A while later, back in London, a mate of Craigs who had a decent job at a tech company asked a group of her friends to lend her money via a WhatsApp message. Those signing up can receive \xa310 for their first campaign by filling in the form on the right.Firstly, you will be taken to a video which explains the process of borrowing and lending on the website. After these steps, you can start!WATCH DRAGONS DEN ON BBC EVERY THURSDAY AT 9 PMAND GET FREAKY WITH US ON INSTAGRAM, FACEBOOK, TWITTER AND TIKTOK