Meet Alpesh, the dedicated owner of Harp Place, a unique social enterprise in Coventry that provides essential office and consultation space for local charities and community groups. Alpesh's deep commitment ensures that despite the challenges, this crucial extension of community support can continue its vital work.
Twenty-five years of community-first ethos
Harp Place is celebrating 25 years of operation, built on the vision of offering affordable, suitable facilities to groups that provide a lifeline for the community. The centre’s dedication to affordability is absolute: they have not raised the price of their rent since the year 2000.
Alpesh’s commitment to this sector is deeply personal. He also works as a paramedic, giving him a front-line understanding of the vital services his tenants provide. He sees the impact daily, noting how the organisations at Harp Place are integral to the community's well-being.
Running lean and stabilising cash flow
While Harp Place started as a family venture, Alpesh formally took the reins in 2020. He was immediately forced to navigate the demands of the COVID-19 pandemic and, soon after, the major challenge of losing a long-standing contract, which caused a significant drop in turnover.
Having experienced such a major financial setback, Alpesh needed a flexible, supportive partner to help with facility upgrades and general cash flow. His previous business bank was unsupportive, leaving him with limited options to secure the funds needed for necessary improvements. He turned to Capital on Tap for a solution.
How Capital on Tap helped Harp Place
The Capital on Tap Business Credit Card offered a financial foundation, and Alpesh was able to secure the financing needed to recover and stabilise the business. The thing he loves the most about it is the financial flexibility it provides, which is crucial for managing expenses and allowing Harp Place to invest in property improvements.
“With the Capital on Tap Business Credit Card, we were able to finance major facility upgrades and stabilise our cash flow. That support was essential in keeping the doors open for our community.”
By providing essential funding and helpful rewards, the card gave Alpesh the financial agility he needed to not just survive the toughest years, but to confidently plan for the future of the Harp Place.
Apply now to join thousands of UK businesses using the Capital on Tap Business Credit Card to grow smarter and manage cash flow with confidence.
