Finance For Enterprise (FFE) is pleased to announce its latest funding partnership, providing a £250,000 loan to a luxury coffee retailer to support the launch of their second specialty café in the heart of London.

The loan, will help the business expand its retail presence, bringing its exceptional coffee experience to one of London’s busiest districts.

The business prides itself on sourcing premium coffee beans directly from farmers around the world, ensuring fair and sustainable transactions.

The new café, which is set to be opened in early 2025, represents a significant step in the company’s growth journey. The prime location, offers high footfall and will require minimal renovation, further supported by the loan.

The £250k funding will be allocated to cover the lease costs for the new location, support the renovation and fit-out of the building, and procuring high-quality furniture and fixtures to ensure the café meets the brand’s exceptional standards.

The opening of the new café will create nine new jobs, including roles for chefs and hospitality staff, further contributing to the local economy. In the long term, the business aims to enhance its wholesale operations and solidify its position as a leading supplier in the specialty coffee industry.

A spokesperson from the Coffee retailer said “This funding from Finance For Enterprise is instrumental in helping us bring exceptional offerings to the heart of London. We’re excited to expand our footprint and create a unique space where coffee lovers can enjoy the finest specialty coffee, sourced directly from farmers using sustainable practices.”

Gurinder Mandir, Senior Business Lending Manager at Finance For Enterprise, commented “We’re thrilled to support a thriving business as they embark on this exciting expansion. The team have built an exceptional brand with a strong commitment to quality and sustainability, and we’re proud to play a part in helping them achieve their growth ambitions.”

Headquartered in Doncaster, Finance For Enterprise, supported by a team of experienced Business Lending Managers across the UK, provides tailored business loans of up to £250,000. This not-for-profit organization helps small and medium-sized businesses overcome barriers to growth and acts as a delivery partner for the Government-backed Recovery Loan Scheme and the Community Investment Enterprise Fund (CIEF II).