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Didsbury Gin, a craft gin business grew from a home experiment, to winning investment on Dragons’ Den and securing large orders. Here’s how Hallidays helped.
Since securing investment from Dragons’ Den, Didbsury Gin needed cash injecting into the business in order to achieve further growth.
With their gin products in high demand and potential new customers such as JD Wetherspoon, the owners needed a cashflow solution that would allow them to quickly fulfil their large orders.
They needed a plan for future funding to enable them to achieve their ambitious growth plans.
Hallidays Corporate Finance quickly reviewed Didsbury Gin’s cashflow and identified invoice finance as the perfect solution for continuing their rapid growth.
Hallidays CF introduced them to Aldermore Bank who matched their requirements. The invoice finance was set up quickly enabling Didsbury Gin to fulfil their order book with the confidence that they could afford to scale the business.
Hallidays CF supported Didsbury Gin to identify their future working capital requirements and arrange a facility to meet their needs.
With Hallidays CF support, the two Didsbury Gin owners, affectionately referred to as ‘gintrepreneurs’ now had an invoice finance facility that allowed them to access the cash they needed to grow their business without worrying if they could fulfil orders.
This has given the owners peace of mind and the ability to focus on what they do best, running and driving their business forward.
Their partnership with Hallidays and Aldermore means that they have access to business advisers who will support and help them to achieve their ambitions as they continue to grow.
“We’ve worked with Hallidays CF since 2018. They supported us to secure investment from Dragons’ Den and provided an invoice finance solution that allowed us to fulfil our increasing order book. They played a key part in our growth as we grew by over 1500% in just one year.”
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