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Coming from a family of arable farmers, the longstanding business had already diversified into the property sector and were now looking
at becoming a glamping and wedding venue business.
However, because of the COVID pandemic, many funders were hesitant to lend to a business in the dormant wedding sector.
The business contacted us and we put the case forward to Folk2Folk
– one of our specialist funders –who were able to give the business the flexibility to get the project started with a phased approach to repayment.
We also worked with one of our preferred accountancy firms who provided a detailed forecast to demonstrate the different stages of the plan.
Because of the pandemic, the long-term approach was the preferredoption for the investment.
The business can provide the glamping experience in asocially distanced setting and, when the time is right, have the venue ready
for weddings.
To find out how we can help your business like we did here, email enquiries@maffinancegroup.co.uk, call 0115 958 6872 or fill in an enquiry form below.
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