KICKS CREW was founded in 2008 to make sneakers more accessible to all consumers worldwide. The company now offers a commerce marketplace for sneakers and is now expanding into apparel and accessories, offering more than 400,000 unique styles online.
Time is Money
In order to purchase batches of sneakers, KICKS CREW decided to apply for a bank loan. However, they were required to submit financial statements, or provide a mortgage as collateral. This process took about 9 months and the bank requested the company to provide extra documents several times afterwards. In the end, Johnny withdrew the application.
Customer is satisfied
When Johnny was first introduced to CDI, he was doubtful whether he could obtain a loan with low interest rate and without collateral. After learning that CDI was an initiative by the Hong Kong Monetary Authority, his confidence was booted and he was willing to grasp the opportunity. Finally, the company was able to obtain funding for expanding its business and Johnny was very satisfied with the overall loan approval journey with CDI.
Applying for a loan through CDI makes documentation and processes much simpler, and there is no need to provide collateral.
Founder and CEO of KICKS CREW