Moorgate Finance worked with a growing equestrian business to secure expansion funding, overcoming significant credit challenges that had previously prevented them from accessing finance through traditional routes.
The Highlights
✅ Secured funding for an equestrian business with adverse credit that had been declined elsewhere
✅ Combined secured and short-term unsecured finance into a tailored funding solution
✅ Supported expansion to increase capacity, turnover and future profitability
✅ Helped rebuild the business’s credit profile and strengthen its long-term reputation
The Challenge
The equestrian business was performing well and had traded strongly over the previous 12 months, but a temporary shutdown had caused a period of financial difficulty. This resulted in a damaged credit profile, including missed payments, arrears and CCJs. Despite the business returning to healthy trading levels, many lenders focused solely on the historic credit issues, leading to repeated funding declines. The client needed finance to expand their grounds with additional buildings and facilities in order to increase capacity, house more horses and service a growing client base, while also managing cash flow during the quieter winter months
The Solution
Moorgate Finance took a detailed, hands-on approach to understand both the business’s recent recovery and its long-term growth plans. We structured a secured loan against the facility the client already owned, allowing them to fund the expansion works required to increase capacity. In line with this, we arranged a short-term unsecured loan to provide immediate working capital and breathing room while the larger funding completed. By leveraging our market knowledge, sector experience and lender relationships, we were able to negotiate a funding package that balanced risk and flexibility, working for both the client and the lender.
Need funding solutions like these for your business? Give us a call on 01908 92 62 62 or head to www.moorgatefinance.com/apply-now to start the conversation.