Jobs to be created as poultry farm snapped up in £1.3m deal
A poultry farm in Redditch has been snapped up in a £1.3m deal.
Former retailers the Ghafar family recently purchased Moorefield Farm with the help of Central Business Finance, which helped the purchasers secure a funding package to buy the farm and create five jobs.
Larry Ghafar, farm manager at Moorefield Farm, said: “Opening our first poultry farm here in Alvechurch is a dream come true. We have always wanted to swap sides from retailer to producer and thanks to the team at Central Finance we can now commence our new journey.
“Opening and managing a poultry farm is no easy task and that in itself has been challenging, but rewarding. Understanding business finance and accessing the right funding package was crucial to purchasing the Moorefield Farm. Accessing finance for entrepreneurs and small businesses isn’t easy, but Central Business Finance came recommended and has a strong record of supporting small and growing businesses like ours, and I was keen to get them on board.”
Chris Brown, director, Central Business Finance, added: “Seeing Moorefield Farm open and ready for business under the proud owners Mr & Mrs Ghafar and their two sons is a great accomplishment. Supporting entrepreneurs and small businesses achieve growth across the Midlands and seeing Moorefield Farm hatch from concept to completion is a privilege.”