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Hannah Proctor receives £6,300 loan from Transmit Start-Ups
A FASHION conscious entrepreneur, who turned down a law degree to start her own business, is aiming to be a cut above the rest after receiving help from a loan provider.
Hannah Proctor launched vintage fashion firm Aphrodite and Ares from her bedroom in Billingham, near Stockton, and has now been supported by a £6,300 loan from Gateshead-based Transmit Start-Ups.
The 21-year-old said the loan means she can give customers exactly what they want.
She said: “There can be a lot of guess work when buying from vintage websites and you can be disappointed because colours and fabrics are sometimes not the same as shown.
“But this is different as every single item has been hand-picked, washed, ironed, repaired and photographed by me.
“Some people like the security of a nine to five job, but that’s not for me, and the loan means I'm now completely self-sufficient and can offer customers more choice and get better prices from my wholesaler.”
Transmit is run by directors Richard Myers, Damian Baetens and Ian Straker, and has helped 50 young entrepreneurs set up their own businesses by handing over more than £300,000.
It works with the Start-Up Loans Company to deliver a national programme launched by the Government and Dragons' Den star James Caan to help people between 18 and 30-years-old get into the business world.
The partnership offers loans up to £10,000 and gives recipients a mentor to access products and services from companies such as Ebay and PayPal.
Mr Baetens, who mentored Hannah, said he was impressed by her determination and business acumen.
He said: “The company has already earned a loyal customer base and has incredible growth potential with Hannah behind it.
“She is a perfect example of the amazing wealth of entrepreneurial talent the North-East has to offer.”
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