Entrepreneurs’ pet projects get mezzanine step up

13 january 2013

Janet Martin was facing a problem familiar to many business people. She needed bags of expansion capital but didn’t want to give away any more precious equity.

Customers and their pets were flocking to YourVets, a mini-chain of seven affordable veterinary practices, which was turning over £8 million a year, but the upfront cost of opening a new branch was eye-watering.