Peachy boost for Hull hamper firm “2024 has been a transformational year… | Bdaily
Summary
Peachy boost for Hull hamper firm 2024 has been a transformational year and it is now ready to take on external funding to push it to the next stage. Peach Hampers, run by husband-and-wife team Brendan Pallant and Letitia Pallant, has received a \xa3277,000 loan from NPIF II Mercia Debt Finance to double its warehouse capacity and scale operations. They say the investment will fund a new mezzanine floor, conveyor belt and pallet wrapping machine, enabling the company to overcome constraints and prepare up to 7500 extra hampers ahead of peak trading, equating to almost double their current rate. Find out more here: https://lnkd.in/e-fSTu5a Rebecca Pickering British Business Bank Lizzy Upton Mercia Asset Management PLC
Funding
Amount
$357.6K
Total raised
Date
April 7, 2025
Announcement date
Investors
-
Lead investors
Company
https://www.peachhampers.co.uk
Funded company
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$1M to $5M