- Region
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South Wales
- Type of finance
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Micro loans
- Business need
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Growing a business
- Size
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SME
- Investment
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Under £100,000
"We have grown the business a lot in less than a year and we naturally came back to the Development Bank when we needed finance to expand and set up the wholesale side of the business."
Quantum Coffee Roasters is a family-owned and run coffee shop and roastery in Cardiff Bay.
The business used a £10,000 fast track micro loan from us to relocate its roastery from London to Cardiff.
Quantum then secured a second micro loan from us to expand. It has launched a new website which allows them to sell a wide range of coffee beans online. It is also growing its wholesale market, where customers will receive a full service package. This includes purchase of machines, grinders and coffee beans, as well as barista training.
Read the press release for more information.