Funding Invoice agrees £150,000 facility with Zanzan Eyewear
ZANZAN Eyewear, the sunglasses brand that counts model Laura Bailey as a director, has chosen Funding Invoice as its finance partner to support its growth plans.
Funding Invoice is an invoice trading firm that connects UK businesses with a network of professional investors.
The £150,000 facility will help Zanzan Eyewear maintain a positive cashflow so that it can develop new products, grow its team and expand into more international markets.
Zanzan Eyewear was founded in 2010 by Megan Trimble and Gareth Townshend. Bailey, who is also a contributing editor to British fashion magazine Vogue, joined the label last year.
“We assist a number of independent fashion brands with seasonal cashflow imbalances and are proud to help businesses across the country achieve their strategic growth goals,” said Aamar Aslam (pictured), chief executive of Funding Invoice.
“Zanzan Eyewear represents exactly the kind of business that we like working with – fast-growth, ambitious and focused – and we look forward to helping the team realise their growth plans.”
“Sunglasses companies like ours naturally experience lower consumer demand over the winter months,” said Zanzan’s Townshend.
“Funding Invoice has enabled us to advance money against future revenue and meet our ambitious growth targets, whilst maintaining a healthy level of cashflow. The team’s personal service and modern approach have been a huge help to our brand to date, and we look forward to continuing our relationship.”
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