11.09.2024

How the Bank of Mum & Dad Was HECK!’s Recipe for Success

How the Bank of Mum & Dad Was HECK!’s Recipe for Success

In a recent interview with The Telegraph, HECK!’s Co-Founders, Andrew and Debbie Keeble, spoke about borrowing from the ‘bank of mum and dad’ to grow HECK! from the ground up.

 

When starting HECK!, Andrew and Debbie Keeble found themselves at a financial crossroads, and were faced with an extortionate interest rate on a bank loan that would have placed a significant strain on the business.

As HECK! was only in its early days, accepting such a loan wasn’t a feasible option. That’s when Debbie turned to her family for support. Her father, recognising the potential and passion behind the business, stepped in with a more than generous offer and decided to stand as guarantor for the business loan, even putting his own farm up as collateral. This not only gave Debbie and Andrew the financial backing they needed, but also demonstrated the deep trust and commitment that has always been at their heart of our values. With this crucial support, HECK!’s journey started strong, and we now supply to all the major supermarkets, turning over £24m last year.

Their decision to borrow from the ‘bank of mum and dad’ proved to be a defining moment for HECK!’s success. It just goes to show that the greatest support comes from the people who believe in you the most, and when you have that, you can just about do anything you put your mind to!

Read the full article here.

 

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