Company

Linthouse Service Station is an experienced forecourt operator with a proven track record of acquiring, redeveloping and growing petrol station sites. Having successfully completed two forecourt projects within the previous 12 months, the business identified an opportunity to acquire a dormant, non-trading petrol station and transform it into a modern retail and fuel destination.

Funding Requirement

With ambitious plans for redevelopment, including new fuel infrastructure, an expanded convenience store and upgraded forecourt facilities, the client required support in a challenging sector typically overlooked by high street lenders and a funding partner willing to look beyond historic performance to support its future growth potential.

Finance Solution

Reward backed the ambition others missed, seeing the site’s future trading potential rather than focusing solely on its dormant status. Working within a tight timeframe, Reward structured the facility to enable Linthouse Service Station to purchase and redevelop the forecourt, supporting its transformation into a modern fuel and retail destination.

Carl Perry, Business Development Director for Reward Funding, added: “Timing and trust were critical to this transaction, and it required a lender willing to look beyond rigid criteria and tick boxes. It also marks the first of what we expect to be many deals with Sterling Financial Planning, a partner that, like us, sees the opportunity beyond the obvious.”

“This is exactly the type of opportunity where our approach to lending can add real value for entrepreneurs wanting to grow their business.”

Results

Alongside the purchase of the site, the funding will allow Linthouse Service Station to fully redevelop the site, including the installation of new fuel tanks, a new forecourt apron and canopy, alongside a forecourt retail shop that is now more than double the size it was previously.

Client Testimonial

“Reward backed our vision when others paused. They moved fast, asked smart questions and supported us based on what we’ve built and where we’re going. We’re excited to see where the future will take us.”

Danny Ahmed, Director of Linthouse Service Station