With the launch of ‘Your Baby-Club’ in 2013, FanFinders has grown to over 6 million members across the UK and the US. Their network now covers 80% of the UK Baby market and they have over 40 brand partners on their roster.
To support growth plans, including its US expansion, FanFinders were looking for a flexible and international financing solution to draw funds to support working capital challenges as they scale. Vane was the perfect partner, offering a revolving credit facility to help cover their short-term funding requirements in both their home UK market as well as for their US entity.
Replacing their UK-only finance partner, Vane was also able to sit alongside their term debt facility, ensuring the business could benefit from both long- and short- term funding. As an international facility, FanFinders can draw funds in both USD and GBP, helping to significantly reduce FX costs.
CEO & Co-Founder, FanFinders
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