Forestry businesses form an important part of the wider rural economy, supporting land management, conservation projects and commercial operations across the UK.
For one forestry contractor based in Wales, securing a significant new contract created an opportunity to expand.
The business had built a strong reputation through years of specialist work and reliable service.
However, fulfilling the new contract required investment in additional equipment.
Specialist forestry machinery represents a significant investment, but having the right equipment available was essential to meet increased demand.
Alchemy Business Finance reviewed the business, existing assets and the opportunity created by the new contract.
A £133,000 funding facility enabled the contractor to invest in the machinery required and increase operational capacity.
Dean Pollen, Managing Director of Alchemy Business Finance Ltd, commented:
“Rural businesses are incredibly diverse, and forestry is a great example of a sector where specialist equipment is essential.
A business can have the skills, experience and customers ready, but growth often requires investment at the right moment.
Understanding the opportunity behind the application is key.”
The funding helped the contractor take on additional work and continue growing the business.