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|Hampshire golf club undergoes £150,000 refit with support of Henry Howard Finance|
|Wednesday, 17 August 2016|
Hedge End Golf Centre has completed a £150,000 refit of its fitness suite in response to growing demand, with financial support provided by HH Retail Finance, part of the Henry Howard Finance Group.
The golf centre and driving range, in Southampton, required funding for a refit to convert the gym space into a spin room and fit the former gift shop with state of the art weight training and cardio equipment.
The work, which took three weeks, was completed in June and was carried out in response to the growing popularity of the centre’s gym facilities.
Hedge End Golf Centre’s gym, which first opened nine years ago, now boasts market leading Star Trac fitness equipment such as treadmills, treadclimbers and elliptical machines, with embedded screens, air conditioning and fans on the cardio machines to keep people cool as they exercise. There are free weights available ranging from 1kg to 25kg.
Mark Awcock, director of Hedge End Golf Centre, said: “Thanks to ever better technology there have been major advances in gym equipment in recent years and we need to keep pace with this.
“Our gym has proven really popular so this is a side of the business we’re keen to keep developing this side of the business. But investing in gym equipment is very costly so the support of HH Retail in financing this has been vital.”
Bernard Alderson, account manager at HH Retail Finance, the branch of Henry Howard Finance specialising in funding refits and new equipment in the retail and healthcare space, said: “It’s been great working with Hedge End to help them carry out this major revamp and facilitate future business growth.”
Newport-based Henry Howard Finance has seen dramatic growth in the last two years following a £25 million investment from Cabot Square Capital last year.
The money allowed Henry Howard to increase its lending capacity and restructure into four divisions with HH Vendor, HH Asset and HH Retail Finance focused on leasing while HH Cashflow Finance provides invoice finance.
The addition of Hedge End Golf Centre as a client comes just weeks after Henry Howard Finance agreed a £51 million asset finance facility with the British Business Bank to extend asset finance funding to a larger portfolio of small UK businesses.
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