British mattress maker has secured a long-term asset-based lending facility from Independent Growth Finance (IGF), aimed at supporting its expansion both in the UK and internationally.
With a 120-year heritage, Hypnos supplies bespoke beds to the retail and hospitality sectors. The newly agreed financing is described by the company as providing "a strong foundation for growth", enabling it to pursue further development opportunities in domestic and global markets.
IGF's flexible lending structure is designed to adapt to Hypnos' evolving needs. John Savage, ABL director at IGF, stated: 'With a strong legacy and a clear vision for the future, Hypnos is in a great position for its next phase of growth. We're proud to support such an iconic British brand with a flexible asset-based lending facility, designed to scale and adapt alongside their evolving growth plans.'
The financial support reflects Hypnos' intention to build on its legacy while modernising operations and expanding reach.
Source: www.igfgroup.com