Worcestershire based specialist skin care supplier secures £200,000

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Kidderminster-based skin care supplier has secured £200,000 from the MEIF Maven Debt Finance. The business aims to use the funding to expand its marketing division by creating new job roles.

Published: 16 September 2021
Focus: Investments, MEIF

Maven Capital Partners continues to fuel growth plans of many regional businesses across the West Midlands via the MEIF Debt Funds.

The Midlands Engine Investment Fund managed by Maven and the Coronavirus Business Interruption Scheme Loan, has provided Essentially Yours with £200,000 worth of funding. This recent capital boost will enable the businesses push forward plans with product development and job creation.

With its main operations in Kidderminster - Worcestershire, Essentially Yours are one of the leading developers of botanical skin care products. The business supply to various outlets which includes beauty salons, hair salons and nail bars across the UK. This recent £200,000 MEIF cash injection will enable the business to make new appointments within its Marketing division, which will contribute to Essentially Yours’ job forecast target of 11 new roles created over the next few years.

Essentially Yours is a great example of a local businesses Maven aims to support via the MEIF Debt Funds. Other businesses seeking funding to execute expansion plans that contribute to regional economic growth as well as contribute to job creation for the local area can contact Maven to find out if they are eligible to apply for funding via MEIF Debt Finance.

Chris Rogers, Investment Manager for Maven comments: “Essentially Yours has continued to seize as many opportunities as they can for growth and with this recent funding package from MEIF Maven, the business is well on its way to achieving its ambitious growth plans. We are pleased to be able to support Essentially Yours even during this tough business climate.”

John Hamilton, at Essentially Yours Limited states: “We are most indebted to Maven for their professionalism and 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.”

If your business is in need of finance to help unlock its growth potential, MEIF Maven Debt Finance may be able to help. Contact Maven’s local team today to find out more.

Posted in:
Investments    MEIF

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