A South West food tech manufacturer is increasing its capacity to source raw materials after securing a supporting trade finance facility from Lloyds Bank, driven by a 50% increase in sales over the past two years.
Bristol-based TasteTech is an encapsulation specialist that provides innovative flavourings and functional ingredients to global food and beverage manufacturers. Their markets include bakery, confectionery, chewing gum and nutrition. In 2022, the business shipped more than 1.2 million kg of product to food manufacturers around the globe. TasteTech approached Lloyds Bank, securing £300,000 of funding that…
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