The Pattyman lands £50K loan to scale Jamaican-Welsh food range

What's the deal? The PattymanDealroom has a profile for this one. Try Dealroom →, a Cardiff-based artisan food producer, has secured a £50,000 micro loan from the Development Bank of WalesDealroom has a profile for this one. Try Dealroom → to scale production of its Jamaican-inspired range.

Why now? The loan, provided through the Wales Flexible Investment Fund, will help the business increase capacity and strengthen its operations as demand grows.

The signal: Debt financing from public development banks can give established food producers a route to expand without issuing equity.

Read more: Development Bank of Wales