An online business based near Inverurie has created two new jobs and invested in plans for growth after securing a cash injection from Clydesdale Bank.
Gift Wrapped & Gorgeous, an online marketplace for UK based designer makers, artists and artisans, is run by Forres-based entrepreneur Amanda Charteris.
The business recently secured a five-figure funding package when moving its banking facilities to Clydesdale Bank. The deal was arranged by Paul Toner, relationship manager at Clydesdale Bank’s Business Direct.
Established in 2009, Gift Wrapped & Gorgeous is a technology platform which works on a drop-ship basis. This means it doesn’t hold any stock but instead transfers customer orders and shipment details to its wholesalers who fulfil the orders. The business, which currently has more than 300 ‘partner companies’ across the UK, generates revenue via a membership scheme and sales commission.
Thanks to the funding from Clydesdale Bank, the business has been able to launch a new inbound marketing campaign and take on two part-time employees.
She said: “Our unique offering not only gives creative people a place to showcase their wares but, as part of our service, we also offer advice on how designers and makers can best promote their business. So, for example, we provide information on marketing trends, advice on how to manage social media and tips on photography standards.
“I’m passionate about art and design and while our business is nationwide, we work with a number of Scottish businesses already – predominantly jewellers. I know there is a lot of talent across the country which could benefit from an outlet like ours that understands their products and wants to help showcase them to the right audience.”
She adds: “I would definitely encourage other ambitious businesses to consider approaching Clydesdale Bank. My numbers aren’t big just now but I went in to our initial meetings well prepared and could prove we have potential to grow. The process was really smooth from start to finish and Paul Toner was an absolute star throughout.”
Paul Toner, relationship manager at Clydesdale Bank, said: “I was impressed by Amanda’s drive, ambition and attitude from day one. Her plan to grow the business was well thought out and outlined exactly why this was the type of business that we would be happy to assist. I’m glad we were able to provide the level of support Amanda required and I look forward to continuing to work with Gift Wrapped & Gorgeous to watch it develop and grow.”
Business Direct offers free business banking for 25 months to start ups and established small businesses with a turnover of under £2 million who switch to Clydesdale Bank. See www.cbonline.co.uk or contact your local branch.