Serene Furnishings, a West Bromwich, UK-based furniture wholesaler to diversify its innovative product portfolio and upgrade IT systems, raised £500K in funding.
Maven Capital Partners provided £250k from its MEIF WM Debt Fund, supported by an additional £250k from HSBC.
The company intends to use the funds to accelerate its next phase of growth, , focused on diversifying its product portfolio, upgrading IT systems and creating three new jobs at its West Bromwich site.
Established in 2005 and led by Tasleem Tasab, Managing Director, Serene Furnishings offers bedroom furniture and living room products supplying a number of national retailers, including Wayfair Stores and Dunelm.
FinSMEs
22/08/2018