Cynergy Bank has provided a loan amount of GBP2.5m to Faith in Nature, a natural beauty products brand based in Manchester.
The loan will enable the company to develop new manufacturing and business premises, having outgrown its existing location. The development of the new site provides space for future sales growth and more jobs.
The loan was structured with a 12-month interest only period followed by repayment profile.
Faith in Nature started trading in 1974 in a cottage kitchen and initially made plant-based face creams and shampoos. It continues to sell shampoos, body washes and soap, offering an ethical and cruelty-free alternative.
