Seven-figure backing for alpaca business

Seven-figure backing for alpaca business

Husband and wife team James and Julia Corrigan-Stuart are set to grow their alpaca farm business after securing a seven-figure funding package from Clydesdale Bank.

The Buckinghamshire couple behind CS Alpacas have secured a seven-figure funding package as they continue to grow their business.

The funding from Clydesdale Bank will help James and Julia Corrigan-Stuart purchase the 270-acre Yeat Wood Farm at Wotton Underwood.

As well as housing around 100 alpacas for the business run by Julia, CS Alpacas, the site will also accommodate an additional 900 alpacas for the Alpaca Stud Ltd business run by James, which breeds alpacas for sale across the UK and Europe.

CS Alpacas was established in 2008, with just three pregnant females, and has since grown to a herd of 100 animals. It offers alpacas for sale, arranges alpaca walks and also operates an adopt-an-alpaca scheme.

Julia said: “Both sides of the business have continued to expand and it was clear to both myself and James that our current location was not large enough to accommodate our ambitions.

“The new site at Yeat Wood Farm is the ideal solution and will provide us with real scope to grow the business further and, in the longer term, to diversify into areas such as the glamping market.

“We were faced with very short timescales in which to acquire the new property and the Clydesdale Bank team did an amazing job and bent over backwards to accommodate our needs.”

The duo expect to complete the transfer of the two businesses to their new location in Aylesbury in August.

The couple also have plans to expand further next year by diversifying into camping and caravanning and caravan storage.

 

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