04 March 2022
Devon based Agri Market Insight & Access Ltd (AMIA) accessed a £100,000 term loan to support its ambitious growth plans, including the creation of two new jobs and the amalgamation of various smaller brands into one overarching distributor brand.
The family-run business, which has been operating since 2012, distributes agricultural machinery through their extensive dealership network.
Led by Managing Director, Alan Dennis, and shareholders Clifford and Jennifer Dennis, the family has over 80 years of combined experience working with agriculture machinery.
The business venture began when they spotted a niche in the market to provide an expansive range of equipment under one brand.
The business has grown significantly over the recent years and now boasts a multi-million-pound turnover.
Of the funding Alan Dennis commented “We are grateful that SWIG Finance were able to support our growth plans, the funding means that we are able to proceed with our plans within a much quicker time-frame”.
SWIG’s Business Manager Rachael Taylor said “The success of AMIA is a real good news story. To keep up with customer demand the business has created two new sales roles, which is an astounding achievement for a rural business in the current COVID-19 landscape. We are excited to see what the future holds for them, and we are delighted to have contributed to their ongoing success”.
Join the Growth Hub’s Access to Finance webinar series to learn more about finance opportunities available to South West businesses. The webinars are also listed on our Eventbrite page if you would like to book for selected events.
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