Gerber Finance’s Naturally Gerber division, which launched in September 2020, closed three lines of credit to natural products companies Spiceology, Pacha Soap Company and 4th and Heart.
Gerber is providing a $3 million line of credit to Spiceology, which grinds, packs and ships more than 200 herbs, spices, chiles, salts, blends and modernists ingredients direct to consumers’ doors.
“We wanted flexibility in financing and industry expertise to help support our growth, and Gerber came highly recommended,” Chip Overstreet, CEO of Spiceology, said.
Pacha Soap Company creates artisan body care products that support transparent and ethical sourcing, clean water initiatives, hygiene education and small business opportunities.
“Gerber’s relationship-driven approach is exactly what we look for in a partner, and their values align with ours,” Andrew Vrbas, co-founder of Pacha, said.
“We think Gerber is exactly the kind of capital partner we want for our high growth clients like Pacha,” Kevin Griffith of AmpliFi, said.
Gerber provided 4th and Heart with a $2.5 million line of credit. The company is a maker of ghee, a healthy, shelf-stable and lactose-free version of butter.
“We’re very excited to embark on our next phase of growth with our new lending partner, Gerber Finance. From people to product, Gerber checks all the boxes and is an institution you want on your team. We couldn’t be happier with the support we’ve already received in this new relationship and look forward to a long partnership ahead,” Max Dichter, president of 4th and Heart, said.
“We look to partner with companies that reflect the changing times and evolving demands of consumers,” Andrew Hollingsworth, senior vice president and head of Naturally Gerber, said. “Spiceology, Pacha Soap and 4th and Heart are all addressing contemporary consumer needs and trends, including a greater focus on health and wellness, sustainability and cooking at home. Our deep knowledge of the natural products industry, along with our flexible structure and hands-on, consultative approach is ideal for fast-growing companies in the space.”
