Aspinal of London crosses the pond to grow in the US
Aspinal of London
Since its launch in 2001, Aspinal of London has built a strong reputation as a luxury British brand.
In 2025, Aspinal faced a new challenge due to changes in US tariff rules, which affected sales and made things more difficult for the business.
Working closely with Santander US, a local account was set up to support Aspinal’s US operations.
Aspinal of London is known for leather goods that combine skilled craftsmanship with elegant design.
We’ve worked closely with Aspinal for over ten years, having built a trusted and valued relationship. From supporting the business in its early stages, to helping navigate the uncertainty of COVID-19. We’ve always stepped up when needed. Based on our track record, Aspinal trusted us to help manage these changes — and we delivered.
As the Christmas trading period was fast approaching, we worked at pace together to open the account within weeks. This meant US-based customers could now make their Christmas purchases with less risk of delay and receive their order on time.
Opening a local bank account was a crucial part of setting up our first international subsidiary in the US.
Santander provided a timely, professional cross border service that far exceeded our expectations. This allowed us to achieve our business goals ahead of a critical trading period.
They’re a most trusted partner. I would highly recommend their service to anybody about to embark on the journey of international expansion.
Chief Financial Officer, Aspinal of London
Alongside this, we provided a trade loan and a revolving credit facility. This helped fund working capital and support further expansion into new markets.
As it continues to grow internationally, Aspinal uses our global network and expertise to support its future ambitions.
Aspinal of London are a fantastic company and have gone from strength to strength in recent years. I was proud we were able to support this expansion into such a key market.
Relationship Director, Santander
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