Llandudno brewery with taproom plans further expansion after securing loan
The deal has assisted the company's future growth plans, whilst also supporting renovation work and renewable energy solutions. Wild Horse Brewing Co – on Cae Bach, Builder Street – has focused on a period of investment, expanding to purchase a permanent tap room whilst also installing solar panels.
And with the tap room now attracting a growing customer base, whilst providing a venue for trade customers to sample the range of beers in the space in which they're brewed, the brewery sought to consolidate finance to move the business forward.
Emma Faragher, who set up Wild Horse Brewing Co with husband Dave, said: 'Last year we sold 444,000 pints of our beer, and the majority of sales come directly from pubs, but there were opportunities we wanted to take advantage of to further expand the business.
'We had run a pop-up taproom on and off for a couple of years, but with the brewing space expanding to cope with sales demand, we were short of space to continue in the same fashion. Join the North Wales Live Whatsapp community now
'The tenant next door had been operating for over 40 years, so when the space came up for sale, we knew it was the right direction for our business and we needed to act fast.'
Wild Horse Brewing Co were put in contact with Bathgate Business Finance, which then introduced Emma and Dave to BCRS Business Loans' business development manager, James Pittendreigh.
Working together, the brewery was supported with a £150,000 finance package from BCRS Business Loans, via the British Business Bank's £130m Investment Fund for Wales and Community Investment Enterprise Fund (CIEF).
Emma added: 'At previous junctions of the business, we had used our capital to allow us to purchase the site next door, in a timely fashion we looked at other opportunities. After securing the taproom, we knew that there were opportunities to consolidate the finance we had in place, and BCRS was fantastic and took the time to get to know the business and the journey we were on.
'Through the £30,000 funding from the Investment Fund for Wales, we've been able to carry out work to the car park area which has created more outdoor space for customers.
'This funding has been fantastic; without it we wouldn't have the same growth opportunities.
'The tap room is currently open Thursday to Sunday with ten rotating beers, and we're looking forward to attracting more customers through the doors, both trade and individual.'
BCRS Business Loans' James Pittendreigh said: 'Emma, Dave, and the team at Wild Horse Brewing Co have come a long way in a relatively short period, and we're delighted to support them as they continue on their growth path.
'In supporting companies across Wales, we seek to work in partnership with our wider network, and this deal saw Williams Denton refer their customer to Bathgate, who in turn pointed Emma and Dave in the direction of BCRS.'
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North Wales Live
a day ago
- North Wales Live
Llandudno brewery with taproom plans further expansion after securing loan
One of North Wales' leading craft breweries has set its sights on further expansion and business growth after securing a £150k loan. Llandudno 's Wild Horse Brewing Co, which was established in 2015, secured a finance package from BCRS Business Loans, following an introduction by Bathgate Business Finance. The deal has assisted the company's future growth plans, whilst also supporting renovation work and renewable energy solutions. Wild Horse Brewing Co – on Cae Bach, Builder Street – has focused on a period of investment, expanding to purchase a permanent tap room whilst also installing solar panels. And with the tap room now attracting a growing customer base, whilst providing a venue for trade customers to sample the range of beers in the space in which they're brewed, the brewery sought to consolidate finance to move the business forward. Emma Faragher, who set up Wild Horse Brewing Co with husband Dave, said: 'Last year we sold 444,000 pints of our beer, and the majority of sales come directly from pubs, but there were opportunities we wanted to take advantage of to further expand the business. 'We had run a pop-up taproom on and off for a couple of years, but with the brewing space expanding to cope with sales demand, we were short of space to continue in the same fashion. Join the North Wales Live Whatsapp community now 'The tenant next door had been operating for over 40 years, so when the space came up for sale, we knew it was the right direction for our business and we needed to act fast.' Wild Horse Brewing Co were put in contact with Bathgate Business Finance, which then introduced Emma and Dave to BCRS Business Loans' business development manager, James Pittendreigh. Working together, the brewery was supported with a £150,000 finance package from BCRS Business Loans, via the British Business Bank's £130m Investment Fund for Wales and Community Investment Enterprise Fund (CIEF). Emma added: 'At previous junctions of the business, we had used our capital to allow us to purchase the site next door, in a timely fashion we looked at other opportunities. After securing the taproom, we knew that there were opportunities to consolidate the finance we had in place, and BCRS was fantastic and took the time to get to know the business and the journey we were on. 'Through the £30,000 funding from the Investment Fund for Wales, we've been able to carry out work to the car park area which has created more outdoor space for customers. 'This funding has been fantastic; without it we wouldn't have the same growth opportunities. 'The tap room is currently open Thursday to Sunday with ten rotating beers, and we're looking forward to attracting more customers through the doors, both trade and individual.' BCRS Business Loans' James Pittendreigh said: 'Emma, Dave, and the team at Wild Horse Brewing Co have come a long way in a relatively short period, and we're delighted to support them as they continue on their growth path. 'In supporting companies across Wales, we seek to work in partnership with our wider network, and this deal saw Williams Denton refer their customer to Bathgate, who in turn pointed Emma and Dave in the direction of BCRS.'
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Business News Wales
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