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A liquid supplements specialist based in Lancashire has secured a £1.6m boost from Metro Bank as it looks to accelerate its expansion into North American markets.

YourZooki said it funding facility comes as its revenue trebled in the previous 12 months, with online demand rising 750% during the pandemic.

The extra money will enable the company to scale up its international distribution network, after signing a recent contract for US and Canadian market entry with GNC (General Nutrition Centre).

Metro Bank’s backing is the third round of investment secured in just under 12 months by YourZooki.

In August, it received a £950,000 funding package from Investec, and underwent two funding rounds totalling £300,000 with the Lancashire County Council Rosebud Fund, managed by GC Business Finance.

This allowed YourZooki to significantly expand its Blackpool and Preston-based production capabilities, after demand soared during the pandemic.

Its direct-to-consumer sales increased by 750% - largely driven by the continued growth of its recurring subscription base revenues.

The Metro Bank funding is comprised of an £800,000 Coronavirus Business Interruption Loan (CBIL) and an £800,000 invoice financing facility.