- Type of finance
- Business need
Growing a business
“Dealing with the Development Bank was extremely straightforward, and they immediately got in tune with our needs. Brexit changed the landscape of European grant funding, meaning we had to secure the finance package and deliver the investment within a tight deadline. The Development Bank understood the urgency and provided the loan we needed alongside the grant to launch our new venture.”
Bargoed Farm, set in the heart of the Ceredigion countryside, offers a caravan, camping and glamping park, farm shop, butchery, bistro, and function room.
Having initially received a micro loan in 2016 to help cover development costs for the caravan park and bistro, Bargoed Farm has secured two follow-on loans from the Development Bank. The first was used to improve the infrastructure of the site, and the second was combined with grant funding to finance a new venture - a children’s play barn and lakeside wedding venue.
Find out more about Bargoed Farm on their website.