3 years ago

ZyroFisher Secures £25 Million Lending Facility for European Expansion

  • ZyroFisher, a Darlington, UK-based cycling distributor, has secured a £25 million Lending Facility from Praetura Commercial Finance

  • The company plans to use the funds to expand its operations in Europe beyond the UK, Ireland and France

  • ZyroFisher distributes bicycles, parts, clothing and accessories from brands such as SRAM, BMC, Giro, CamelBak and its in-house brand Altura to nationwide retailers like Evans and Halfords.

      • ProblemRetail

      "Cycling distributors often face funding constraints when expanding to new markets."

      Solution

      "ZyroFisher is expanding its reach across Europe by securing a £25 million lending facility, enabling them to grow their business in key markets, such as Germany and the Netherlands."

      Covered on