Finance for Equestrian Businesses

Equestrian businesses have unique needs and considerations, primarily formed around the niche usage of premises. Purchasing land, insuring your animals, building new stables or paddocks – it can all mount up quickly.

Whether you’re starting from scratch or expanding an existing equestrian business, business loans can help you achieve your goals. However, lenders must be shown the value of your business in order to offer preferential rates and terms. 

Without support, you’ll need to apply individually and negotiate with lenders who may have little knowledge of the equestrian industry. This can lead to subpar loan offers with expensive monthly repayments – or outright rejection. 

To help improve your chances of getting a suitable loan, work with Rangewell. We have extensive knowledge in both the equestrian and agricultural market, meaning we can not only guide you through your financing options, but we also know which lenders will be more amenable to your application. Get in touch today, and let’s secure the loan you need. 

Finance for a new equestrian development 

Establishing a new equestrian business means purchasing land and building stables and paddocks. This is an expensive venture, one that involves lots of research and some in-depth knowledge of how property financing works. 

Firstly, you’ll need to find suitable land and ensure you have planning permission to operate an equestrian business from it. You can then negotiate with the seller to try and reduce the asking price. Once you’ve got a price you think is suitable, you’ll need to approach lenders for property finance. 

In doing so, you’ll need to show a business plan and explain your intentions. Lenders will then weigh up your business’ potential and your credit history before deciding. 

If you work with Rangewell, we can help you at every step of the way – especially in the pre-negotiations, where identifying the right buying price and approaching suitable lenders can make the difference between success and failure. 

Asset finance for stable machinery and equipment

Looking to buy expensive stable machinery or equipment? Asset finance allows you to borrow money against the value of certain assets, which the lender holds as security. This makes it an attractive option for equestrian business owners who need to invest significantly in a critical piece of machinery or equipment but don’t have the cash to purchase it outright. 

Interested in purchasing equipment through asset finance? Click our asset finance page to get started. 

Securing equestrian loans to expand an existing stable

If you’re already running a successful business and considering expansion, you can benefit from a business loan used to expand your site. In a similar vein to property finance, you’ll need to demonstrate your plans to the lender and show them that the investment is a good opportunity and that you can afford repayments. 

To make sure you get a favourable offer, we’d advise securing planning permission in advance and even discussing prices with contractors. The more information you can show to the lender to prove you have the project planned to perfection, the better your potential offer. 

Using equestrian loans to bridge gaps

Some equestrian businesses find themselves more subject to seasonal fluctuations than others – especially those specialising in riding experiences with the general public, where business can drop off in the colder months. 

This naturally impedes cash flow and makes it hard to consider any form of growth during quieter months. However, rather than having to wait until peak season to get cash back into the bank, you can approach lenders for working capital finance. 

This type of loan is ideal for paying staff wages and other operating costs, taking some of the pressure off the business and allowing you to spread out repayments across a far longer term. Visit our working capital finance page to learn more.

Ready to take the leap? Get in touch with Rangewell today to speak to our team and learn more about financing for equestrian businesses like yours.