Triodos Bank has announced new lending to the Organic Trade Board (OTB) to help it increase sales in the UK.

The GBP1.73m underwriting facility will allow OTB to access EU funding confirmed in 2017 to deliver a three-year marketing campaign.

Adrian Blackshaw, chairman, Organic Trade Board said: "I can confidently say that without Triodos Bank we would not have been able to move forward with this campaign. The flexibility and innovation that they brought to the table was critical to helping us meet the EU requirements for funding. Banking can be difficult for organisations seeking to raise finance like this, but Triodos understand the sector and bring a financial insight that is second to none."

The Organic Trade Board was formed in 2009 and aims to grow organic sales in the UK. With over 135 members and it represents over 70 per cent of the UK's organic market.

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