Funding for livestock - unsecured loan.

  • Referred by Foundation East.
  • £50,000 required for working capital after cash-funding of ducklings for a new supermarket contract
  • Traditional live-stock funding not available on ducks (due to disease risks).
  • Owners invested their own cash in the livestock but became stretched due to the length of time before the ducklings matured to egg-laying.
  • Therefore income delayed – working capital shortfall.
  • £50,000 raised over a two year repayment with unsupported PG’s.
  • Customer was able to invest in additional infrastructure, and came back for another £50,000 which we were pleased to facilitate.