Supplier of health, beauty and well being brands feeling good for expansion
Nature’s Dream, the Stoke-on-Trent-based supplier of health, beauty and well being brands, has landed a funding deal to support its brand development strategy.
Independent Growth Finance (IGF) has provided Nature’s Dream with an ABL funding facility, raised against assets within the business to provide working capital to expand Natures Dream’s brand portfolio and develop new sales channels.
Founded in 1999, the company has seven brands currently under management, its customers include major retailers like Holland & Barrett, Waitrose, Amazon and Lloyds Pharmacy.
After its incumbent lender was unable to assist in the funding of working capital to meet new customer wins, Clearview Corporate Advisory was appointed to source a new financing partner to support Nature’s Dream Ltd to continue its growth trajectory.
New business director at IGF, Richard Spielbichler, said: “IGF is pleased to be supporting a business with a strong ethos and established customer trust that goes back 20 years.
“Nature’s Dream is exemplary of the companies we are keen to support – it is a team with a strong mission and business fundamentals, with a clear trajectory for long-term growth.
“We are proud to have been able to deliver funding quickly, and ensuring that we could accommodate Natures Dream’s needs.”