How a fashion brand grew revenues 1106% with Uncapped

Challenge

Find an affordable way to grow

‍

As financially savvy founders, Alex & Anna accessed various growth financing options including VC and venture debt, but wanted a more affordable option that would help take them to the next level.

Solution

Uncapped advance for marketing

‍

Hedoine signed up with Uncapped for a £50,000 advance at the end of 2019. It used the funds to increase their Facebook and Instagram marketing and in Q1 2020 saw revenues grow 1106% compared to the previous year!

‍

When Covid hit, like many small businesses, they were concerned sales might slow, but because Uncapped doesn’t have fixed repayments, they didn’t have to worry. They were able to repay their advance as they generated more revenue and could keep investing in their business.