I’ve recently been researching something for a client and came across a finance company that was consistently referencing horse businesses. This got me thinking about things that we need finance for in the horse industry.
Can you think of any?
- a stallion
- a share in a racehorse
- a float
- a truck
There are definitely some items that are horse related that can cost a lot and perhaps need finance. So in this niche area, I got to thinking: what if there was a business out there that provided finance – specifically for the equine industry, or equine related products?
Lending money is risky business and it’s important to know that you’re going to get that money back (plus interest). Having a particular focus in the equine industry could help financiers to determine if indeed what is intended to be bought with the loaned money, is a risk or a worthwhile investment that can be paid back in full.
Perhaps you have an interest in money and investing, and would consider it worth your while financing others’ interests in the horse industry – at a return rate, of course.
“A horse is the projection of peoples’ dreams about themselves – strong, powerful, beautiful – and it has the capability of giving us escape from our mundane existence. – Pam Brown”