Cae Groes Bakery in North Wales hopes to double its turn-over as business with super-market chain Aldi takes off.
The bakery, which makes bread, morning goods and cakes, has been supplying Aldi for 18 months and won a new contract to supply cakes to the supermarket in autumn 2009. It now supplies Welsh cakes, Victoria sponges, chocolate indulgence cakes and a range of sliced cakes to 47 Aldi stores.
The bakery has met rising demand with help from an £80,000 asset-based lending (ABL) facility from Lloyds TSB Commercial Finance. This enabled the company to start production for the new contract within one week.