Funding the future of veterinary medicine…

Challenge

To meet the all-time high demand for vets, A West Midlands agricultural university wanted to build a cutting-edge veterinary hospital aimed at preparing students for work, mostly as independent practices – but needed £1.5 million to make their vision a reality. 

In addition to constructing the hospital, the proposal included equipping it with the latest high-specification equipment, giving students access to the tools they would be using on placement in practices following their initial three years at the university.

Solution

To fund the construction, refurbishment and acquisition of equipment, the university contacted Braemar Finance. With our long history of supporting the veterinary profession, we offered them a tailor-made funding solution made up of a £750K Hire Purchase agreement for the purchase of top-tier equipment - including a CT scanner - and a £750K unsecured loan spread over 84 months.

Result

The university’s investment plans have been fully validated after receiving an overwhelming response from prospective students. Despite offering only 100 spaces per year, the institution received over 800 applicants, reflecting the strong demand and confidence in their unique model. 

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