British Business Bank start-up boost for South West animal rehabilitation business
Veterinary physiotherapists Tori Edwards and Hannah Topping have recently launched their new business offering highly-specialist treatment packages for pets with a range of mobility problems, thanks to support from the British Business Bank’s Start Up Loans programme.
Tori and Hannah, of Nadder Valley Animal Rehabilitation near Salisbury, applied for financial support when they came across an opportunity to take over an already successful rehabilitation centre that was up for sale.
The building in Dinton Business Park had a hydrotherapy pool used to help treat dogs with long-term conditions such as arthritis or neurological difficulties, as well as pets recovering from surgery.
Tori and Hannah, who met while studying for their physiotherapy degrees, knew the well-established business – previously called Pet Waves – would be perfectly suited to their long-term career goals.
“They were advertising for a job and Hannah went to speak to the owner who said that she was thinking about selling,” said Tori, then working part-time as a hydrotherapist in Swindon, as well as doing mobile physiotherapy for horses and dogs. Hannah was running her pet grooming business.
“We had a chat about it and decided we could run the centre together,” added Tori. “We knew it was a successful business with clients already on the books. We thought we could really add something extra.”
Tori and Hannah were still studying at the time. Both passed their veterinary physiotherapy degrees with first-class honours and were working towards a master’s degree at the McTimoney College of Chiropractic.
Taking on a business was a big commitment but when they managed to secure financial support, they knew they could make it all work. They received £30,000 in total, after each applying for a separate Start Up Loan.
“We had to put together a detailed business plan when we applied for the loan which really helped us to concentrate on all the different areas and made us understand what we needed do,” said Tori.
“Most of the loan was then used to buy the business and then the rest was used to help with the rebrand.”
Both Tori and Hannah say they couldn’t have started Nadder Valley Animal Rehabilitation without the loan from British Business Bank.
Securing the money they needed for the initial purchase and rebranding work has meant that the business partners can now concentrate on what they do best.
“I just love spending time with the dogs,” says Tori. “When they’re so happy to come along and they’re enjoying their swim…wow. I mean, you just can’t beat spending time with animals, can you?”
Tori and Hannah have plans to introduce a special treadmill at the centre to help animals that can’t swim but benefit from being in the water.
They also hope to build on their growing list of clients and hope that Nadder Valley will soon become a go-to centre for pet owners, both locally and nationally.
“The Start Up Loans scheme is such a fantastic idea,” said Tori. “There are so many bright ideas out there and people need help to be able to fund what they want to do. This scheme just allows everyone to chase their dreams.”
Start Up Loans is a government-backed programme from the British Business Bank, available to people looking to start or grow a business in the UK.
It offers unsecured loans of up to £25,000 with a fixed interest rate of 6 per cent, repayable over one to five years. Successful applicants also receive 12 months of free mentoring to help them succeed.
Start Up Loans has loaned more than £1 billion to start-up businesses across the UK since being launched in 2012, with more than £85 million going to over 9,000 start-ups in the South West.
In Wiltshire, more than 900 local businesses have been loaned £9.5 million since 2012.
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