A Cotswolds health centre has received £15k of funding from SWIG Finance.
Broadway-based Cotswold Chiropractic health Centre in Broadway will use the startup loan support to launch its business, including the fit-out of the clinic and marketing costs.
Already the health centre has said the funding has helped the business exceed its six-month targets within the first month of trading. Led by Jennifer Tomes and Matthew Norris, the centre has been established to meet local needs and ease NHS waiting times.
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Both Ms Tomes and Mr Norris are experienced healthcare professions and their business plan aims to create further local job opportunities.
Mr Norris said “This funding has transformed our ability to start this business successfully. We have been able to invest a proper amount into marketing which we would not have been able to do otherwise.
"Additionally, fitting the clinic to a high standard allows us to deliver our high-quality services”.
SWIG’s credit manager, Mark Thayre, added: “When Jenny and Matt approached us for funding, I was really impressed with their robust business plan and cashflow forecasts. It’s clear that they have a well-thought-out vision for their business and SWIG were delighted to help them realise their business idea”.
SWIG Finance is a non-profit company that supports viable South West businesses that can’t secure sufficient funding from their bank. In 2022/23 the company lent £14m to 478 businesses, helping to create and secure over 1,000 jobs and generate £44.6m in social impact.