Member Article

Middlesbrough hair extension company set to grow with Microloan funding

The Finance for Business North East Microloan Fund has granted a loan to hair extension supplier For Her, which operates from the Cleveland Centre in Middlesbrough.

The company, which packages, sells and fits both real and artificial hair extensions, has a strong relationship with extension manufacturers in China thanks to Director Ashleigh Hall

Ashleigh’s relationships allow the firm to sell products cheaply and other companies often buy their stock from her due to its competitive pricing.

With the money from the Microloan Fund, Ashleigh hopes to rent and decorate a warehouse, which is where she will keep her stock. Moreover, she will employ more staff and engage in a series of marketing campaigns to promote her outlets in Middlesbrough and the Metrocentre.

Ashleigh sees her business as growing rapidly within the next few years, and hopes to open up another wholesale warehouse somewhere else in Britain.

Nikita Bazko, Fund Manager at Rivers Capital Partners, commended Ashleigh’s business flair and her achievements to date, stating: “… starting the company at just 17, Ashleigh is a very ambitious entrepreneur with a good mind for what is necessary to grow her business.”