""Our products are the heartbeat of our business and the driver of our growth," said Dan Beckles, co-founder of Furniturebox. "With Barclays' support, we can invest in bold new designs, strengthen our supply chain and deliver on our promise of affordable, on-trend furniture delivered next day.""
""As a successful UK-founded and operated business, companies like Furniturebox serve as job creators and wealth generators for the local economies in which they operate," he said. "Innovative and forward-thinking, it's teams like these that underpin the growth of the UK economy.""
""proud to be supporting Furniturebox in what promises to be a fruitful and exciting next chapter""
Furniturebox secured £1 million in new funding from Barclays through a Barclays Trade Loan to support supply-chain strengthening, product innovation, and international growth. The funding will help scale operations at a new 88,000 sq. ft. headquarters and warehouse in Chippenham and create new jobs. Founded in 2015 by Dan Beckles and Monty George at age 17, the company employs over 80 staff and generated more than £25 million in revenue in 2024. Furniturebox launched in the US in late 2023 and focuses on affordability, design-led products and next-day delivery while expanding its product range and logistics capabilities.
Read at Business Matters
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