High-end curtain makers sew up funding deal
Gloucestershire-based curtain makers The Boys Who Sew has secured a £36,000 loan to invest in its new premises and green technology.
The cash will be used towards the fit-out of its new site, the installation of solar panels and the purchase of an electric vehicle.
The business, which is located within the grounds of Berkeley Castle, produces high-end curtains and blinds for interior designers.
The Boys Who Sew has five employees and plan to create two more jobs in the next year.
Business owners Peter Eastwood and Ryan Whittaker were referred to SWIG Finance by commercial broker Jerry Riches of Business Finance Trust.
Riches said: “SWIG are my preferred lender for RLS working capital requirements. They are very supportive and interested in both the story and the numbers.”
Eastwood said: “This funding allows us to accelerate our growth by investing in an EV vehicle and solar panels to help power our irons. It also replenished our reserves after the setup of the new workroom we just moved into. Without this support it would have taken far longer – probably moving us at least 12 months forward.”
SWIG’s senior business manager Nicola Parker added: “Despite the past challenges that Pete and Ryan have faced, they have shown remarkable resilience and determination in growing this business. SWIG Finance exists to support businesses like The Boys Who Sew, so I was delighted to support their application.”