Longtime horsemen Olin Gentry, Thomas Clark and Julie Cauthen have partnered to launch Breeze-Link, a risk management business created specifically for yearling RNA owners looking to sell at the following year's 2-year-old sales. The company will pay virtually all costs related to bringing a yearling to the breeze sales while keeping the horse owner in control throughout the process until the sale.
“Breeze-Link was created to solve problems for the yearling RNA owner, providing cash-flow relief and other resources to get a horse successfully sold as a two-year-old,” explained Gentry. “Breeders invest considerable time and money to produce a sale yearling and when they experience the disappointment of an RNA Breeze-Link offers them a life-line.”
“The yearling RNA owner faces up to $25,000 in additional expenditures to have the opportunity to sell that horse again as a 2-year-old,” explained Clark. “Breeze-Link will assume that entire risk by making all payments to vendors selected by the yearling owner all the way up to the 2-year-old sale, as well as eliminating any further downside. In return, Breeze-Link receives a percentage of the sale price.”
Cauthen added, “Because we are 'first out' on the expenses advanced by Breeze-Link, we are able to request a modest percentage of the 2-year-old sale price, enabling the owner to maintain their dream.”
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