Gerber Finance, an eCapital company, closed an $8 million line of credit to Humm Kombucha, a maker of probiotic kombucha drinks.
Humm Kombucha was founded in 2009. The company’s products are available in all 50 states as well as in Sweden and Guam, with further expansion ahead. The company will use the financing to fuel growth and as working capital to hire staff, buy machinery and fund retail programs and marketing initiatives.
“Gerber Finance’s genuine desire to be long-term and collaborative partners stuck out to us and made a lasting impression,” Aaron Kitchell, vice president of finance at Humm Kombucha, said. “The team took the time to understand our business, our company and our mission. They recognize the significance of building relationships, and we couldn’t be happier with our decision to partner with them.”
“We are passionate about brands that are positively impacting people’s health and happiness and have deep experience with natural food and beverage companies. In fact, the head of our Naturally Gerber division was previously CFO of Numi Tea,” Jennifer Palmer, CEO of Gerber Finance, said. “With our similar values and commitment to lasting partnerships, it made natural sense to work with Humm Kombucha. We look forward to our flexible financing and expertise in the space helping to move Humm Kombucha forward in their success.”
