Case Study

Luxury Ice Cream Expansion

Company
Styles Ice Cream
Industry Sector
Manufacturing
Funding Rationale
Expansion
Solution
Asset-Backed Finance, Business Loans
 
Styles Farmhouse

Styles Ice Cream Quadruples Production Capacity

Established in 1988 by David and Sue Baker, Styles Farmhouse Ice Cream has grown from its roots in the Brendon Hills into one of the UK’s most respected manufacturers of luxury ice cream. For over 30 years, the company has crafted its products at Styles Farm using traditional methods and the finest local ingredients, including fresh Jersey cow’s milk from Westcott Farm in Devon, West Country double and clotted cream, and natural flavourings, free from artificial additives. From its humble beginnings with a single trike, Styles now operates a fleet of vans, parlours, and trailers, including the UK’s first solar-powered, battery-assisted ice cream van, delivering 100% pollution-free service during operation. Today, the brand serves wholesale and retail markets nationwide and caters at over 100 events annually, all while staying true to its core values of quality, sustainability, and family integrity.

Partner with Portman, for a successful future

Our Financial Solution

Portman Finance Group stepped in to provide a tailored funding solution for Styles Ice Cream. We arranged £350,000 in commercial asset-backed finance and an additional £150,000 over following months to supplement the project with working capital support. This funding solution enabled Styles to move forward with confidence, covering the costs of relocating and setting up their new site at Wibble Farm.

The Business Growth Challenge

As the business looked to accelerate growth and expand operations, it faced a significant challenge: securing the necessary funding to develop a new production site. Traditional banking options were proving difficult to access, with stringent lending criteria that often lead to rejection. After exploring several avenues, the company reached a point where securing finance seemed almost impossible jeopardising their ability to meet increasing demand.

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The Outcome

With the funding in place, Styles Ice Cream has successfully built a new production facility that has quadrupled its production capacity. The financial support also aided in the purchase of essential equipment and additional freezer space, ensuring the business can operate efficiently year-round. Furthermore, cashflow assistance will provide vital stability throughout the off-season, enabling the company to maintain operations until peak summer trading resumes.

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Portman’s Solutions

Styles Farmhouse Ice Cream has been working with Portman since July 2023. Reflecting on the experience, David said: “My account manager Daniel Dicks has been superb! He was always on my side to help me get the best deal possible. Portman Finance Group fills an important role in enabling businesses to grow, they will explore every option that others won’t.”

At Portman we are all about making business financing feel personal and straightforward. We take the time to understand what matters most to you, so your goals stay front and centre throughout the process. You’ll have a dedicated Account Manager by your side to answer questions, offer expert guidance, and find solutions that fit your needs.

Getting started is as simple as having a chat. Submit your enquiry today and let us take care of the rest.

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