Breeding Stud Finance for a Thoroughbred Operation in Newmarket
£1,250,000 · 10 years · 6.80% fixed. A thoroughbred breeding operation in Newmarket was acquiring a stallion syndicate share and expanding its broodmare band from eight to fourteen mares.
The Client
Thoroughbred breeding operation in Newmarket
The Challenge
A thoroughbred breeding operation in Newmarket was acquiring a stallion syndicate share and expanding its broodmare band from eight to fourteen mares. The combined capital requirement - syndicate share, three mares, associated fees, and working capital - was £1.2m. Thoroughbred breeding finance requires lenders who understand bloodstock valuation and the breeding cycle.
Our Solution
Doulton placed the finance with a specialist bloodstock lender experienced in thoroughbred operations. The stallion's breeding record, the broodmare band's pedigree, and the stud's historic foal sale returns were all assessed. Bloodstock insurance was arranged as a condition of lending.
The Outcome
Stallion share acquired and broodmare band expanded. First crop of foals from the expanded band sold at Tattersalls with an average of £28,500 - 14% above the stud's historic average. The syndicate share has appreciated materially since purchase. Key highlights: Specialist bloodstock lender - stallion record and mare pedigrees; Tattersalls foal sales average 14% above historic stud average; Stallion syndicate share has appreciated materially since acquisition.