Chips wrapped in tabloids are yesterday’s news. Times have changed and unsurprisingly consumers demand packaging that doesn’t leave their dinner tasting vaguely of ink.
A firm in Essex that solves the problem by manufacturing a range food packaging, secured a £100k Spotcap loan to buy much needed materials. The company had recognised increasing costs and decided to act fast and complete a large order before their accounts felt the imminent squeeze.
The four year old company proved a perfect fit for unsecured finance as they offer their wholesale and bespoke products to a wide range of clients and have shown a clean credit bureau report. Spotcap’s underwriting team were also impressed by growing year-on-year sales.
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Originally published May 22 2018 , updated February 24 2020