Member Article

Jeffersons Brewery Secures £10,000 Cash Injection to Boost Its Business

October 31 2018, Liberis, a leading alternative funding provider, announced the winner of their first Boost Your Business competition. Liberis launched this competition to support and fund businesses who need to strategise for changing business rates and the ever-continuous evolution of consumer behaviour.

Jeffersons Brewery was awarded the prize of £10,000. Owned and founded by brothers George and Freddie Jefferies this sum will allow the pair to pursue their passion for exotic hops and continue to grow their business.

The two brothers operate out of a hand-built brewery in Barnes – one of the smallest commercial brewery’s in London. They plan to use the cash injection to expand and open their own taproom. Since 2017, Jeffersons Brewery has appeared at dozens of food fairs and markets, however with the creation of a tap room the brothers will be able to cater to a growing community of craft beer lovers and fans of the brand and in larger quantities.

SMEs already contribute more than £200bn a year[1] to the UK economy, therefore supporting small businesses such as this brewery is vital for continued growth on a much larger scale. Liberis is excited to assist Jeffersons on its mission to continue creating unique beers inspired by a global selection of hops.

Rob Straathof, CEO of Liberis says: “Our Boost Your Business competition has been an exciting event for the Liberis team this summer, introducing us to hundreds of brilliant new brands and innovative young companies. I’d like to congratulate our winners, Jeffersons Brewery on an incredibly worthy win! We’re delighted to play a part in supporting your growth.”

George Jefferies, Co-Founder and Director of Jeffersons Brewery says: “Since gaining funding from Liberis, we have been given the opportunity to take a giant step forward with the business by developing our own taproom and add an extra revenue stream. This in turn will allow us to work with Liberis and use their services in the near future, something that we are very keen to do to assist with our growth goals. We cannot thank them enough!”

About Liberis: Liberis is a leading alternative finance provider, offering simple, flexible and transparent funding to help UK SMEs achieve their ambitions.

To date Liberis has helped over 8,000 SMEs, advanced £250m in funding through their Business Cash Advance[2] and supported over 52,000 jobs in the UK.[3]

Established in 2007, in a space where traditional banking and loan models were unable to meet the needs of UK Small Businesses, Liberis provides finance based on business potential, not just credit history.

Through its Business Cash Advance, an innovative form of funding, Liberis links repayments directly to cash flow so businesses only repay when their customers pay them.

Liberis is supported by British Business Investments Ltd, the commercial arm of the British Business Bank, the UK government owned business development bank, and is part of Blenheim Chalcot, the UK’s leading venture builder. Liberis operates the platform behind Small Business funding programs of several renowned UK partners such as Worldpay, Sagepay and JustEat. Through these partnerships, Liberis has a direct reach of over 750,000 UK small businesses.

This was posted in Bdaily's Members' News section by George Parker .