Video: How your lending helped a British accessories manufacturer sell their goods at Heathrow Airport
Owen Barry designs and manufactures clothing and accessories from the finest ethically sourced sheepskins and leathers from Britain and Europe. The business was started in 1948 in Street, Somerset by Owen Barry the father of the current owner, Cindi Barnstable. She rescued the family business from receivership in 1990 and has been running Owen Barry ever since.
Their goods are all designed and made in their factory in Somerset and are sold across the UK and the rest of the world in countries as far away as Japan and New Zealand.
In May 2012 they took out a peer-to-peer business loan through Funding Circle for £60k so they could move to a larger premises and cope with increasing demand.
Their loan was funded by 389 people in 7 days. In this video you’ll see some of the team at work, making quintessentially British garments and accessories, as well as hearing Cindi’s own experience of Funding Circle.
If you’d like to find out more about applying for a business loan through Funding Circle, visit our business page which will give you all of the information you need.
You can view our other case studies here.