An Exeter company that has developed a one-of-a-kind biscuit to help prevent and relieve the effects of travel and morning sickness has secured a five-figure funding package from HSBC UK to help meet demand for its product.
Queezibics, which has formulated its recipe for ginger biscuits following comprehensive research into travel and pregnancy sickness by leading medical centres in the USA and Australia, is using the funding to hire an external marketing agency to further promote the business and to relocate to a larger premises in 2020.
The business has recently expanded its product range into the animal market, with a wheat-free dog formula that administers the exact amount of ginger required before travelling.
The new premises will allow all production and packaging to be carried out onsite and will create up to 15 jobs for the local economy.
Robert Catcher, Owner and Director of Queezibics Ltd, said:
“We’re delighted to be able to expand Queezibics and move to a larger site in Exeter next year thanks to the support of our Business Specialist at HSBC UK, Andrew Wale. This deal marks an exciting new chapter in our story and reinforces our decision to move to HSBC UK in order to meet the growth aspirations of the company. We are also excited to expand our team and hope this will only be the start of our growth over the next few years.”
Sarah Lucas, HSBC UK’s Regional Director for Small Business Banking, South West and Wales, said:
“The Queezibics team are truly committed to helping those who suffer with travel or morning sickness – and now their pets! Queezibics is a unique company with a fascinating set of products, so we’ve been delighted to support them as they grow their operation and expand into new markets. We look forward to seeing them as they move into their new premises and contribute to the growth of the local economy as they expand the team.”
Queezibics supplies its products to big brands like Amazon, P&O and Brittany Ferries, Waitrose and Welcome Break, BP at Moto and Pets at Home and has just agreed a contract with Pets at Home to supply a further 450 stores across the UK.
The funding package from HSBC UK was allocated from the bank’s £200 million SME Fund which supports SMEs across Devon, Cornwall and Somerset.
"This deal marks an exciting new chapter in our story and reinforces our decision to move to HSBC UK in order to meet the growth aspirations of the company."
Robert Catcher, Owner and Director of Queezibics
DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.