diff --git a/pkg/template/mockery.templ b/pkg/mockery.templ
similarity index 100%
rename from pkg/template/mockery.templ
rename to pkg/mockery.templ
diff --git a/pkg/template/moq.templ b/pkg/moq.templ
similarity index 100%
rename from pkg/template/moq.templ
rename to pkg/moq.templ
diff --git a/pkg/template/template.go b/pkg/template/template.go
index 7e3e5a12..db4ada63 100644
--- a/pkg/template/template.go
+++ b/pkg/template/template.go
@@ -12,7 +12,6 @@ import (
 
 	"github.com/huandu/xstrings"
 	"github.com/vektra/mockery/v3/pkg/registry"
-	"github.com/vektra/mockery/v3/pkg/stackerr"
 )
 
 // Template is the Moq template. It is capable of generating the Moq
@@ -21,26 +20,9 @@ type Template struct {
 	tmpl *template.Template
 }
 
-var (
-	//go:embed moq.templ
-	templateMoq string
-	//go:embed mockery.templ
-	templateMockery string
-)
-
-var styleTemplates = map[string]string{
-	"moq":     templateMoq,
-	"mockery": templateMockery,
-}
-
 // New returns a new instance of Template.
-func New(style string) (Template, error) {
-	templateString, styleExists := styleTemplates[style]
-	if !styleExists {
-		return Template{}, stackerr.NewStackErrf(nil, "style %s does not exist", style)
-	}
-
-	tmpl, err := template.New(style).Funcs(templateFuncs).Parse(templateString)
+func New(templateString string, name string) (Template, error) {
+	tmpl, err := template.New(name).Funcs(templateFuncs).Parse(templateString)
 	if err != nil {
 		return Template{}, err
 	}
diff --git a/pkg/template_generator.go b/pkg/template_generator.go
index b3ab1ba8..84565554 100644
--- a/pkg/template_generator.go
+++ b/pkg/template_generator.go
@@ -29,6 +29,18 @@ const (
 	FORMAT_NOOP       Formatter = "noop"
 )
 
+var (
+	//go:embed moq.templ
+	templateMoq string
+	//go:embed mockery.templ
+	templateMockery string
+)
+
+var styleTemplates = map[string]string{
+	"moq":     templateMoq,
+	"mockery": templateMockery,
+}
+
 // findPkgPath returns the fully-qualified go import path of a given dir. The
 // dir must be relative to a go.mod file. In the case it isn't, an error is returned.
 func findPkgPath(dirPath *pathlib.Path) (string, error) {
@@ -297,7 +309,24 @@ func (g *TemplateGenerator) Generate(
 	}
 	data.Imports = g.registry.Imports()
 
-	templ, err := template.New(g.templateName)
+	var templateString string
+	if strings.HasPrefix(g.templateName, "file://") {
+		templatePath := pathlib.NewPath(strings.SplitAfterN(g.templateName, "file://", 2)[1])
+		templateBytes, err := templatePath.ReadFile()
+		if err != nil {
+			log.Err(err).Str("template-path", g.templateName).Msg("Failed to read template")
+			return nil, err
+		}
+		templateString = string(templateBytes)
+	} else {
+		var styleExists bool
+		templateString, styleExists = styleTemplates[g.templateName]
+		if !styleExists {
+			return nil, stackerr.NewStackErrf(nil, "style %s does not exist", g.templateName)
+		}
+	}
+
+	templ, err := template.New(templateString, g.templateName)
 	if err != nil {
 		return []byte{}, fmt.Errorf("creating new template: %w", err)
 	}