Yorkshire-based worktop supplier Gemini Worktops is targeting growth, following a funding deal of £150,000 with Reward Finance Group.
The quartz and solid surface supplier, based near York, already has a working capital facility with Reward.
Earlier this year, Gemini Worktops opened a showroom at its headquarters to complement its online business.
It has been equipped with workspaces which can be used by architects, interior designers, builders and developers as a meeting place with clients.
According to Gemini, key to its next stage of growth is investment in stock to ensure it can meet growing demand.
It has recently launched Gemini Quartz Ultra HD surfaces, which it claims is the first worktop material of its kind to be sold in the UK.
In addition, the funding will also support the growth plans for Gemini’s sister company Mindful Memorials, which has eight branches across Yorkshire.
Commenting on the new funding deal co-owner of Gemini Worktops Matt Rotherham said: “The funding facility provided by Reward Finance group is tremendous for our business at this point, enabling us to fulfil our growth ambitions and capitalise on the opportunities we see.
“Being able to invest in stock is key to this, removing a potential barrier to growth, and helping us navigate the well-publicised global supply chain issues that all manufacturers are facing.”
He added: “Reward’s flexible approach is refreshing in our experience of working with finance providers, giving us a facility that means we can tap into funds as and when we require.
“Chris Ibbetson and the team there took time to understand the seasonality and short-term challenges that a business like ours can face and quickly provided a practical solution that will benefit us in so many ways, including being able to continue creating new skilled job opportunities.”
Relationship manager at Reward Finance Group Chris Ibbetson added: “Our Business Finance solution is ideal for companies like Gemini whose long-term growth plans can be held back due to short-terms issues such as stock availability.
“Building strong relationships with our clients allows us to get close to their business and their ambitions and we are always delighted when we are able to provide additional funding to support them with their plans.
“We look forward to seeing the company grow as the Gemini Worktops and Mindful Memorials brands develop.”