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Lincolnshire fresh produce provider secures £3m funding for growth
A market leading fresh produce growing facility based in Lincolnshire has secured £3m in funding to help support wider company growth with support from Leonard Curtis.
Jepco Marketing Ltd, based in Spalding, has been successfully supplying its consumers with fresh produce since 1946 and has been seeking to expand its innovative operations in recent years.
After experiencing restrictive funding limits from its existing lender, Jepco received a recommendation from consultant Duncan Foyle to work with the Leonard Curtis funding team to find the best solution.
Jepco has since secured an invoice discounting facility of £3m from Ultimate Finance with more flexible funding conditions specifically designed to meet the nuances of the fresh produce industry.
Leonard Curtis Steve Jones worked with key funding partners to help find the most appropriate lender willing to meet the companyes needs.
Steve commented: We worked hard to provide as many options as we could to see which worked best with Jepcoes financial needs and objectives in a fast-moving market.
We found a lender that took the time to understand the business and expressed a strong desire to work with the client from the outset.
We were delighted with the result which will provide an excellent basis for future growth for this dynamic business.
Alastair Logan, Senior Regional Director at Ultimate Finance said We were delighted to provide Jepco with a funding facility that will allow them to meet their ambitions and we look forward to supporting them on their growth journey for many years to come.
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