Taking the long view

Close Brothers’ long-term approach was fundamental to providing the financial support needed to bring to life the vision of entrepreneur John McKenzie. Because whisky requires a significant incubation period, the business would not be profitable for several years, putting off many other lenders without the specialist expertise of Close Brothers.

Fast and flexible

The agility and speed of Close Brothers’ response eased the complex processes involved in setting up a new business enabling GlenWyvis to secure vital equipment and investment.

Flexible terms fit for the business structure

Knowing GlenWyvis would be borrowing over the long-term, Close Brothers built-in a soft-start lending approach. This commitment to the GlenWyvis business provided John with the stability and reassurance necessary to launch the distillery.