Increased facility for leading supplier of dried fruit, nuts and ingredients provides the right ingredients for growth

Amount

£23m

Client: Community Foods
Service: CID
Outcome: Refinance

Community Foods, a leading supplier of dried fruit, nuts and ingredients secured an additional £6m funding facility from Praetura Commercial Finance Group on top of an existing £17m facility to support their remarkable growth.

The increased facility follows our previous support for Community Foods, after providing a £17m funding facility in December 2023 to help the business enhance its 80,000 sq ft production and warehousing facility. After only seven months into its three-year strategic investment plan, a very promising and encouraging start required an increased facility. Praetura Commercial Finance increased facilities to £23m, to ensure management can take advantage of the next phase of its growth plan.

We recently enjoyed visiting Community Foods again and seeing their production floor in action.

Watch our video case study to find out more.