Funds Support Fast-Growing Brands Addressing Pandemic Consumer Trends
NEW YORK, February 23, 2021 - Gerber Finance, a leading finance partner for companies experiencing accelerated growth, announced the closing of lines of credit to three natural products companies: Spiceology, Pacha Soap Company, and 4th and Heart. The deals were completed under the Naturally Gerber Division, which was launched in September 2020 to serve companies in the fast-growing natural products space.
“We look to partner with companies that reflect the changing times and evolving demands of consumers,” said Andrew Hollinsgworth, senior vice president and head of Naturally Gerber. “Spiceology, Pacha Soap, and 4th and Heart are all addressing contemporary consumer needs and trends including a greater focus on health and wellness, sustainability, and cooking at home. Our deep knowledge of the natural products industry, along with our flexible structure and hands-on, consultative approach is ideal for fast-growing companies in the space.”
- Gerber is providing a $3MM line of credit to Spiceology, which grinds, packs and ships over 200 fresh, premium herbs, spices, chiles, salts, blends and modernists ingredients direct to consumers’ doors. “We wanted flexibility in financing and industry expertise to help support our growth, and Gerber came highly recommended,” said Chip Overstreet CEO of Spiceology.
- Pacha Soap Company crafts artisan body care products that support transparent and ethical sourcing, clean water initiatives, hygiene education and small business opportunities worldwide. “Gerber’s relationship-driven approach is exactly what we look for in a partner, and their values align with ours,” said Pacha Soap Co. Founder Andrew Vrbas. And Kevin Griffith of AmpliFi agrees, “We think Gerber is exactly the kind of capital partner we want for our high growth clients like Pacha.”
- 4th and Heart makes ghee, a healthy, rich, shelf-stable, lactose-free, version of butter. Gerber is providing them with a $2.5MM line of credit. “We’re very excited to embark on our next phase of growth with our new lending partner, Gerber Finance. From people to product, Gerber checks all the boxes and is an institution you want on your team! We couldn’t be happier with the support we’ve already received in this new relationship and look forward to a long partnership ahead,” said Max Dichter, President of 4th and Heart.
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About Gerber Finance
Gerber Finance is the leading financing partner for companies experiencing accelerated growth. Its asset-based lending (ABL) structure allows companies to retain equity while driving sustainable profit. The company’s flexibility, care, and tailored structures make them an ideal partner for companies with seasonality in their business. Gerber Finance is an eCapital Corp., company.
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