Highly-skilled furniture maker Jonathan Peabody started Peadidit in 2018, focusing on made-to-measure indoor and outdoor furniture, fitted furniture and free-standing furniture pieces.
Having successfully secured £25,000 in CIOSIF loan funding, the company can now increase production capabilities with the purchase of new equipment and scale-up its team in order to meet the growing demand for its products.
Jonathan said: “We strive to build furniture that defines our customers’ style and meets their requirements. As a new and growing business obtaining finance for growth is crucial for us to succeed and achieve our goals.
“We are thrilled to be able to secure this CIOSIF loan, which has already enabled us to invest in the construction of a spray booth for in-house finishing of products.”