Case Studies

Ellis Horseboxes off to a Galloping StartOctober 15 2007

Steven van De Gevel was running an aluminium fabrications business, that while profitable, suffered from low margins and long payment terms, as the end customer was 2 or 3 times removed from Stevens business.

Being a keen horse rider and keeper, he saw there was demand for good quality horse boxes that provided flexible horse accommodation and transport, as well as day living and overnight accommodation for the owners.

Steven researched the market, produced some costings, and went to his bank for a loan to start building horseboxes, but was refused. Steven had in the past an IVA and although it had been cleared, counted against him when seeking funds for expansion. Consequently Business Link advised him to speak to Bef and he worked with us to develop a business proposition that was approved by the loan panel.

A loan of £20,000 was offered to be used for buying the vehicle for conversion, and material costs involved in the conversion. A Mercedes truck with low mileage was obtained and conversion started. Due to the height of the vehicle, work had to be done outside, and the wet summer of 2007 caused several weeks of delay, as much work could not be done in the wet.

However the box was completed and as of writing has been advertised on key websites and in the Horse Deals publication. Interest has been expressed from people across the country. (see attached images)

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