Humm Kombucha opens $8m line of credit
Humm Kombucha has opened an $8million line of credit with Gerber Finance, an eCapital company.
The beverage producer, whose products are available in cans and bottles, was founded in 2009.
The financing will be used to fuel the brands growth, hire staff, buy machinery and fund large-scale retail programs.
“Gerber Finance’s genuine desire to be long-term and collaborative partners stuck out to us and made a lasting impression,” said Aaron Kitchell, VP of Finance at Humm Kombucha.
“The team took the time to understand our business, our company, and our mission. They recognise the significance of building relationships, and we couldn’t be happier with our decision to partner with them.”
“We are passionate about brands that are positively impacting people’s health and happiness and have deep experience with natural food and beverage companies, in fact, the head of our Naturally Gerber division was previously CFO of Numi Tea,” said Jennifer Palmer, CEO of Gerber Finance.
“With our similar values and commitment to lasting partnerships, it made natural sense to work with Humm Kombucha. We look forward to our flexible financing and expertise in the space helping to move Humm Kombucha forward in their success.”