Propel Finance assists family-run business with green transition

Propel Finance has provided £180k of funding to Audley End Miniature Railway to fund their first electric mini locomotive.

Following the six-figure deal from Propel Finance, Audley End Miniature Railway has replaced a steam model miniature locomotive, which was approximately 50 years old, with a new electric model.

This electric model is the first of its kind in the UK and marks a significant step in the company’s green transition. With quick energy charging and a battery life that powers 10 consecutive journeys around the track, this new model is a more efficient and sustainable alternative to the diesel and steam run mini locomotives previously used by the company.

Valerie Leah, National Sales Director at Propel Finance, said: “We’re delighted to work with Audley End Miniature Railway to help with the purchase of its first electric mini locomotive. It’s a pleasure to help a family-run business make such an important step in their green transition and I look forward to seeing them continue to grow.”

A family run business established in 1964, Audley End Miniature Railway is one of Essex’s most popular visitor attractions. They experience an average of 2,000 daily visitors during peak periods.  As well as railway attractions, they offer a children’s park for visitors to enjoy.

Emma Banks, Head of Marketing and Creative at Audley End Miniature Railway commented: “We’re thrilled to partner with Propel Finance to bring our electric locomotive to life, enhancing the Audley End Miniature Railway experience for all. This collaboration marks a step forward in sustainability and innovation, ensuring our trains continue to delight for years to come.”