The Lymington-based company – which produces a range of gins, malt liquors, rums and fruit brandies, as well as cask ales and bottled beers – has just won the Hampshire Life Best Drinks Product of the Year for 2016 for its Lymington Gin.
The funding was obtained through local Go2 Business Loans within just two weeks and will also enable Dancing Cows to expand and raise its brand image with improved packaging.
Director and founder Richard Baker said: “The loan process was easy and very fast – now we can get on with what we need to do without worrying about cashflow.
“We’ve been able to appoint a sales agent which is increasing our volume of sales through a growing list of wholesalers and sales outlets.
“We already supplies pubs, clubs, restaurants and hotels directly throughout the local area and we’re growing rapidly as consumers increasingly look for local products with interesting stories behind them.”
Go2 director Rob Bennet said: “It’s a very simple and fast process to apply for a loan. Go2 is a peer-to-peer lending network, so Dancing Cows’ loan was provided by various local small investors – local money supporting local business.
“It’s purely a business loan; investors are at minimal risk as they do not take shares or get involved in any other way.”
