IGF Delivers ABL Funding Package to Support Brand Custodian Nature’s Dream

  • Investment
  • 18.08.2022 10:00 am

Independent Growth Finance (IGF) has provided Nature’s Dream Ltd with an ABL funding facility to support its brand development strategy. The funds, which were raised against assets within the business, provide working capital to expand Natures Dream Ltd’s brand portfolio and develop new sales channels. 

Founded in 1999, the Midlands-based company is one of the leading suppliers of health, beauty and well-being products to the UK and Irish markets, specialising in bringing naturally better products to consumers. With seven brands currently under management, its customers include major retailers like Holland & Barrett, Waitrose, Amazon and Lloyds Pharmacy. 

After their incumbent lender was unable to assist in the funding of working capital to meet new customer wins, Clearview Corporate Advisory Ltd was appointed to source a new financing partner to support Nature’s Dream Ltd to continue its growth trajectory. 

Mark Critchlow, Managing Director, Clearview Corporate Advisory Ltd commented: "It’s always a pleasure to work alongside our clients when we engage with IGF. We find IGF’s confident and decisive approach lends itself to smooth deal completion with the minimum of fuss."

The increased funding has given Nature’s Dream Ltd the working capital needed to launch a new, innovative brand in October 2022 in the natural beauty space, with more brand development plans in the pipeline. To build on its omnichannel approach, the funds will also be used to grow and enter new sales channels, and work with new customers.

Adam Stubley, Managing Director at Nature’s Dream said: “From start to finish, IGF were accommodating and flexible. While there is a tendency to overcomplicate deals like this, the team demonstrated deep market expertise and an ability to adapt, with established procedures and ways of working in place to make the process extremely easy and seamless.”

New Business Director at IGF, Richard Spielbichler, said: “IGF is pleased to be supporting a business with a strong ethos and established customer trust that goes back 20 years. Nature’s Dream Ltd is exemplary of the companies we are keen to support – it is a team with a strong mission and business fundamentals, with a clear trajectory for long-term growth. 

“We are proud to have been able to deliver funding quickly, and ensuring that we could accommodate Natures Dream Ltd’s needs where other traditional lenders could not.”  

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