The North West Fund for Loans Plus brews up a £150,000 loan for Bootle’s Joe Black Coffee
A Bootle coffee roaster whose coffee is served at top
restaurants and coffee shops across the North West is expanding
thanks to a £150,000 loan from The North West Fund for Loans Plus
managed by FW Capital.
Joe Black Coffee (Joe Black) roasts high-quality beans from all
over the world in small batches the traditional way.
The company is renowned for its quality, freshness and the
bespoke blends it develops for customers.
Having built up a loyal customer base throughout Merseyside and
Greater Manchester, the company is using the loan to fund
additional stock, marketing and other costs of its expansion plans,
which will lead to the creation of new North West jobs over the
next few years.
“We’re all coffee fanatics at Joe Black and we’re keen to share
our passion. We only use ethically produced beans from
responsible importers and our aim is to produce exceptional blends,
so we’re constantly developing and perfecting them.
“British coffee drinkers are ever more discerning and they’re
developing a taste for premium quality coffee. We only supply
our freshly roasted blends to order to achieve the best
flavour. The loan from The North West Fund for Loans Plus is
providing the capital we need to scale up our operations,” Joe
Black’s Managing Director, Jeremy Janion explained.
Joe Black offers a range of other products and services, ranging
from barista and vending supplies to equipment servicing and
The company also provides its customers with training and
branding advice to help them provide their customers with the best
FW Capital Investment Executive Carol Bolland, who worked with
the team at Joe Black to complete the loan said: “Jeremy and his
team have combined their passion for coffee and understanding of
coffee drinkers’ changing tastes to develop Joe Black’s market
niche. They’ve also spotted a market opportunity as demand for
premium quality coffee increases.
“Joe Black Coffee is quickly becoming part of the North West’s
culture and is a proud local company with national ambitions.
It has a strong management team and committed workforce with
considerable expertise and market knowledge. Our loan has
given them the financial boost they now need to expand.”
The UK is now a nation of coffee drinkers and the number of
coffee shops is set to increase from 16,500 to over 20,000 by
Consumption patterns in the UK are also set to change as demand
for premium-quality coffee through a wider range of outlets is
The North West Fund for Loans Plus is part of The North West
Fund which is financed by the European Regional Development Fund
and the European Investment Bank.