Supporting Growth: Crafter’s Companion
Posted on the 8 June 2016
Crafters Companion based in the North East were formed in 2005, and are now leading the way in paper crafting. Crafter’s Companion have been a client of Barclays since 2007 in which time the company has gone on to grow year on year.
The company has successfully established itself over the years, developing its product range, winning numerous awards in both the crafting industry and in the business world.
Since the launch of the Enveloper the business has gone from strength to strength which prompted Crafter’s Companion to talk to their local Relationship Director about funding solutions. To support the transaction, Barclays provided a working capital facility to cover the end to end funding requirements.
Simon Davies, Managing Director,
Crafter’s Companion Limited said:
“I am very proud of the growth we have achieved with Crafter’s Companion so far but we know that there is still a substantial opportunity for our business to grow.
The support from Barclays will allow us to move quickly to the next stage of our accelerated expansion strategy which will give our customers even greater access to our products.”
Janine Cale, Relationship Director at Barclays commented:
“It’s great to see an already established business continue to develop and grow in their specialist market. This type of funding means that the company is well placed to maximise opportunities in the sector. This transaction illustrates our continued support for local businesses in the area”