Skin care supplier looking good with £200,000 cash injection
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A Kidderminster-based skin care supplier has secured £200,000 to accelerate product development and expand its marketing division.
Essentially Yours said its growth plans would create around 11 new roles.
The company has 20 years experience in developing research led botanical skin care products and supplies various outlets, including beauty salons, hair salons and nail bars across the UK.
The funding was provided by the Midlands Engine Investment Fund West Midlands Debt Finance, managed by Maven Capital Partners backed by the Coronavirus Business Interruption Scheme Loan.
John Hamilton, at Essentially Yours, said: “We are most indebted to Maven for their professionalism, especially to Chris Rogers who helped us through the process. The funding will enable us to proceed with our growth plans especially during this period of uncertainty.”
Chris Rogers, investment manager for Maven, added: “Essentially Yours has continued to seize as many opportunities as it can for growth and with this recent funding package, the business is well on its way to achieving its ambitious expansion plans. We are pleased to be able to support Essentially Yours even during this tough business climate.”