Manchester-based logistics company Heritage Apparel has secured a seven-figure funding package from HSBC UK.
Operating under Hal Property Holdings, Heritage Apparel plans to utilise this HSBC UK funding to strengthen its logistics capacity and expand its workforce.
The HSBC UK funding has enabled Heritage Apparel to acquire 20,000ft² of extra space, increasing its overall warehousing capacity by over 40% in Northwich.
The company hopes that this will enhance its ability to support international fashion, sports, and outdoor brands with comprehensive third-party logistics services.
In line with its expansion, Heritage Apparel is set to boost its workforce by more than 15%, seeking to create new job opportunities within Northwich.
With an expanded facility, Heritage Apparel expects to grow the company by over 60%, better preparing it to scale its direct-to-consumer fulfilment and wholesale services, which encompasses dispatching orders to 190 different countries.
Co-owner at Heritage Apparel Tim Gardiner said: “This HSBC UK support marks a pivotal moment in our business’ growth strategy, allowing us to expand our facilities, create new jobs within the local community and provide us with the security needed to continue to flourish.
“With HSBC UK’s support and commitment to understand our unique needs, we’re better positioned to adapt to the market’s evolving landscape and build a robust, future-proofed logistics operation.”