Jaydon and Brendon Manders started their seasoning and sauce company at the kitchen table. They memorably secured an investor on television's Dragon's Den, and the firm was flying.
Then Aldi wanted to stock their sauces. There was only one problem: they needed working capital to fulfil the order.
“A computer was never going to say yes. I would never have got the £100k without the human approach, it was the best experience I ever had.”
Despite a healthy, growing turnover, the bank couldn't lend to the firm. Jaydon found a local community development finance institution, BCRS Loans, an ethical, not-for-profit lender which takes a "human approach."
A £100,000 loan from BCRS unlocked Lumberjaxe's growth. Now the firm's products are stocked in Aldi and it is grabbing new opportunities, launching in more stockists and has taken on two new employees.
Jaydon and Brendon Manders started their seasoning and sauce company at the kitchen table. They memorably secured an investor on television's Dragon's Den, and the firm was flying.
Then Aldi wanted to stock their sauces. There was only one problem: they needed working capital to fulfil the order.
“A computer was never going to say yes. I would never have got the £100k without the human approach, it was the best experience I ever had.”
Despite a healthy, growing turnover, the bank couldn't lend to the firm. Jaydon found a local community development finance institution, BCRS Loans, an ethical, not-for-profit lender which takes a "human approach."
A £100,000 loan from BCRS unlocked Lumberjaxe's growth. Now the firm's products are stocked in Aldi and it is grabbing new opportunities, launching in more stockists and has taken on two new employees.
