Leon secures £11.5 million in funding from HSBC

The brand announced that HSBC will fund LEON’s plans to expand both nationally and internationally and restructure existing debt.

LEON said that the refinancing package from HSBC will help support their new openings and the brand’s plans to expand into North America and beyond and marks the start of a new banking relationship with HSBC.

LEON Co-Founder & CEO John Vincent said: “Throughout the process of getting to know each other, I have been struck by the desire of HSBC to understand our business and help us grow. They have toured our kitchens, walked into our big fridges, talked to our managers and eaten our food. I believe that they are backing us because they believe in the culture that everyone at LEON is creating.”

Amanda Murphy, HSBC UK Head of Corporate Banking, said: “HSBC is proud to support ambitious British businesses and we look forward to helping LEON achieve its goals to grow, both at home and abroad.”