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Farm Vets on the Move with £80,000 Loan

Milfeddygon Fferm Yn Symud Gyda Benthyciad O £80,000

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Gymraeg

Welshpool based Camlas Farm Vets has relocated to larger premises thanks to an £80,000 Development Bank of Wales loan.

Camlas Farm Vets is an independent, dedicated farm animal veterinary practice. Working with commercial farms and smallholders, it provides high quality services and support to clients in the Powys and Shropshire area.

The practice is run by Amy McKie, who has worked at the practice since qualifying as a vet in 2009 with her co-partners, Fflur and Iolo, also qualified vets. They are passionate about treating animals and work alongside farmers to get the best from their livestock and farming enterprises.

They had been operating from the original premises for six years. It was functional but small, with no real way to increase capacity and accommodate additional support staff needed as the business grew.

Amy said:

“The new premises is still very accessible and near the local livestock market. We have renovated a bungalow for commercial use. Whilst we usually treat the animals offsite, during the lambing season it’s common for farmers to bring ewes with lambing difficulties to the practice. One of the things we are using the loan for is to convert one of the rooms into an operating theatre.”

The loan will also secure nine jobs in the company.

Amy added:

“The loan from the Development Bank of Wales has been hugely important. Having the loan structured to our business needs has enabled us to relocate, safeguard existing jobs and plan for future growth.

“We couldn’t believe how easy it was working with Chris and the Development Bank.  The quick and simple process has given us reassurance and confidence to grow.

Chris Hayward, Investment Executive at Development Bank of Wales, said:

“Amy, Fflur and Iolo are hugely passionate about their business. The practice services customers on the Welsh border, and we recognised this loan was key for them to keep up with demand.”

The funding came from the Wales Business Fund which is part-funded by the ERDF, through the Welsh Government. It was created specifically to support businesses with fewer than 250 employees based in Wales and those willing to move here.

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The Development Bank of Wales funds businesses that they think will benefit Wales and its people. The ones that will create ripples of growth- those that are more than a good business model or a great idea. They finance responsible businesses – those with a strong social, ethical and environmental standards, as well as real commercial promise.

By providing sustainable, effective finance where options have seemed limited, they bring ambitions to life and fuel possibilities for people, businesses and communities in Wales and beyond.

The Development Bank’s ‘big picture’ view means it can often help with debt and equity finance when options seem limited, doing whatever it takes to make a positive difference, bringing together the right people and working collaboratively to find a way to make things happen for Welsh businesses and for Wales.

Its teams are embedded in local communities, working out of regional offices that give customers direct access to key decision-makers and signposted avenues of support. They understand what’s happening in Wales’ villages, towns and cities – the challenges and the opportunities. They see the potential for business growth as a catalyst for enhancing lives and communities in Wales and beyond.

For more information, visit the Development Bank website at www.developmentbank.wales to find out more.

 

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