Kickboxing club springs into action with RBS loan

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Kickboxing club springs into action with RBS loan

A kickboxing club will be able to take on new students after expanding into bigger premises thanks to a loan from RBS. Kaizen Kickboxing in Elgin, in Moray in the north east of Scotland, is moving into the Red Shoes Theatre - four times larger than its previous home.

Diane Stuart, Kayleigh Stuart and Michelle Anderson of RBS in Elgin

Diane Stuart helped set up Kaizen Kickboxing in 2004 and now runs the martial arts club with her 26 year old daughter Kayleigh. The Stuarts offer kickboxing classes to people of all ages, but were having to turn eager students away through lack of space.

Working with Michelle Anderson, Relationship Manager in the RBS, Elgin Office, the couple secured a £42,900 fixed rate business loan backed by the Government’s Funding for Lending Scheme to buy the new premises.

The new property will enable the club to welcome new students and give participants much more room to spar and practice martial arts. As well as developing a new comfortable waiting area, Kayleigh and Diane will hire out their halls for parties and are planning their own kickboxing-themed parties.

Following the expansion, Kaizen Kickboxing’s turnover is forecast to increase by 15% in the first year and the Stuarts hope to employ additional instructors in the future. The new property also has the capacity for an in-house cafe which Diane and Kayleigh are currently developing.

Bright future

Diane said: “This move has opened up so many doors, and of course it has been a morale boost. Owning our own property gives us much more stability and it’s something we can be proud of.

“Michelle has been great - we’ve worked with her since the company started and she’s taken the time to get to know us which is really important.”

Michelle said: “Diane and Kayleigh clearly have a lot of passion for what they do and when they told me what this new place would do for them, I was more than happy to help. I’m looking forward to continue our work with them - the future is bright.”

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