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Gerber Finance Provides $8MM Line of Credit to Humm Kombucha

October 20, 2021, 07:25 AM
Filed Under: Beverages

Gerber Finance, an eCapital company, closed a $8 million line of credit to Humm Kombucha, maker of probiotic kombucha drinks.  
 
Humm Kombucha was founded in 2009 with the mission of helping people feel good. Today, Humm Kombucha is available in all 50 states as well as Sweden and Guam, with further expansion ahead. The financing will be used to fuel the brand’s rapid growth and as working capital to hire staff, buy machinery, and fund large-scale 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,” said Aaron Kitchell, VP of Finance at Humm Kombucha. “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,” said Jennifer Palmer, CEO of Gerber Finance. “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.”
 
Gerber launched its Naturally Gerber Finance division in 2020 to serve the needs of its growing base of natural products companies in its portfolio. The team has funded over dozens of natural products companies including Stasher, Coola, and Om Mushroom Superfood.







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