Eve Taylor secures Coronavirus loan funding

Eve Taylor (London) Limited has announced it has secured a £225,000 Barclays loan via the Government-backed loan scheme CBILS (Coronavirus Business Interruption Loan Scheme) to support the manufacture of their range of aromatherapy-based skin and body care retail products on-site.

Founded by Eve Taylor OBE in London in 1963, the company houses its UK and international operations within a single purpose-built site in Peterborough, Cambridgeshire. It now employs 21 people and exports to 40 countries worldwide.

Eve Taylor OBE is still very much involved with the day-to-day running of the company, along with her three sons, Chris, Alan and Raymond.

Commenting on securing the CBILS loan, Chris Taylor, Business Development Director, Eve Taylor (London) Limited, says: 

“We are delighted that Barclays have been able to help support us with our recent application for the Government backed CBILS loan. This loan will enable us to both secure and expand our manufacturing capability and enable us to add more staff in the near future as we part of our growth plan."

Nigel Killock, Barclays Business Manager, Essex and North London, adds:

“Like many businesses during the peak of the Coronavirus crises, the company needed to adjust their operating model to maintain their products and services.  They have a strong management team and we were pleased to be able to support them with a CBIL, which will give them the working capital and flexibility they need.”