Production at Dekapak Solutions Ltd is set to double in the next 12 months thanks to a six figure funding deal from Reward Finance, which was facilitated by the Liquidity Club.
Dekapak Solutions Ltd provides contract packing, manufacturing, warehousing and distribution facilities from its base in Rotherham. Its boasts an impressive client list of blue chip clients including, Haywood & Padgett, Hancocks, Monty Bojangles, Mighty Fine and Troo Granola.
In 2015 the company took the decision to move into the production of its own brands ‘Candy Makers’ and ‘Absolutely Free From’ to satisfy increasing demand in the sugar free and ‘Free From’ sectors.
Dekapak Solutions was looking for a working capital facility to support their growth aspirations to increase turnover through their plans to develop new products and enhance current production facilities with new plant and machinery equipment and we were happy to help.
Jim Gaskell, Director Dekapak Solutions said: “The funding package from Reward Finance will allow us to focus on our core objective of growing the business and provides a great platform from which to support some exciting new product developments that are in the pipeline in the popular sugar free and health market.
“The approach from Adam Simpson at the Liquidity Club has been great because he has managed the funding process from start to finish. My experience of banks is that they can appear to be faceless but Adam’s approach is different. He has visited our site when needed and is very proactive and fast to respond. I have been very impressed with the Liquidity Club.”
Adam Simpson, Director Liquidity Club said: “I worked closely with Jim to understand what funding the business needed and to consider what finance options would best suit his cash flow needs. Dekapak is entering a very exciting period of growth and with the support of the new working capital facility they are well placed to expand further and increase their turnover.”
Nick Smith, Group Sales and Marketing Director at Reward Finance Group said: “Dekapak has a great future ahead of it with some exciting growth plans coming to fruition and we were delighted when Adam asked us to get involved. The passion, commitment and detailed market knowledge from the directors is clear to see. We were delighted to help and look forward to working with Jim, Nev and their team in the future.”