Case Study: DaceCrown drives growth and boosts manufacturing capability with Allica Bank

DaceCrown grows turnover past £1 million with Allica Bank

DaceCrown, a Birmingham-based manufacturing business specializing in bottling and packaging, sought to invest in new machinery to expand its capacity and pursue larger contracts, including a new venture manufacturing components for cancer care technology. To achieve this growth, the company secured asset finance from Allica Bank.

Allica Bank provided the necessary funding, enabling DaceCrown to purchase highly technical equipment like a Haas Mini Mill. This investment significantly improved manufacturing efficiency, reducing some production processes from four operations to two and cutting processing requirements by approximately 50%. The solution supported the business's expansion, helped grow its workforce from 3 to 11 employees, and increased turnover from £300,000 to over £1 million within three years.

DaceCrown