Ferguson Whiskey Secures £450,000 Funding from Virgin Money to Expand Global Reach
Ferguson Whiskey Limited, a Glasgow-based company specializing in rare whiskey investment opportunities, has secured a £450,000 funding package from Virgin Money, supported by UK Export Finance (UKEF).
The funding will support the purchase of whiskey stock, enabling the company to expand operations and meet growing international demand.
Founded in 2021 by CEO David Ferguson, the company aims to make the world of rare whiskey collecting more accessible. Ferguson Whiskey offers a range of services, including investment in new whiskey or aged stock, and offers support with the bottling process. The company has established strong relationships with major Scottish distillers and has partnerships with Brindiamo Group in the US bourbon market and Bravo Whiskey Golf in the luxury travel sector. This partnership allows Ferguson Whiskey to offer rare casks and organize special experiences such as distillery tours and bespoke whiskey events.
Virgin Money’s Commercial and Trade Finance teams partnered with UKEF to create a deal tailored to Ferguson Whiskey’s needs. UKEF supported the bank by issuing a General Export Facility (GEF) loan guarantee, covering 80% of the funding and enabling Virgin Money to complete the project. The GEF is a flexible government-backed program designed to help UK exporting businesses, particularly SMEs, access financing resources to improve cash flows and accelerate international trade growth.
David Ferguson, Founder and CEO of Ferguson Whiskey Limited, said: “We are an independent blender and bottler providing end-to-end whiskey services from cask to bottle to customers worldwide. The support from Virgin Money, with the support of UK Export Finance, will ensure that we can continue to accelerate the growth of the business worldwide and attract more whiskey consumers to visit Scotland.
Craig Wilson, Head of FX Sales & Trade Finance at Virgin Money, added: “We are delighted to be working with David and his team to support the rapid and successful growth of their business. Their business needs a bank that can really support international trade, and we are honored that they have chosen Virgin Money as their banking partner.”
Carol Harvey, UKEF Export Finance Manager for Scotland, concluded: “This contract is a great example of how UK Export Finance can help support small businesses in Scotland. With the Scottish Whiskey Awards taking place in Glasgow later this month, I couldn’t think of a better opportunity to celebrate the success of Ferguson Whisky.”
