Planet X has their foot on the pedal for growth
 

Planet X Hero
Planet X Logo

Planet X

Planet X was founded over 25 years ago and manages the design, assembly and sale of bicycles, related parts and accessories.

As an employee-owned firm, it’s products are marketed under the own-brand labels of Planet X, Holdsworth, On-One and Titus. The bikes are sold internationally from their head office in Rotherham.

Santander have been working closely with Planet X to support their impressive growth plans by providing a term loan and growth capital that will support the wider ambitions of the business.

Santander understand our business dynamic and worked with us to shape a funding package to support our growth ambitions. I can’t praise the team enough and would recommend them to any other businesses.

Trevor Parker

Director, Planet X Limited

Planet X aims to expand its product and portfolio range, with outdoor leisure equipment and triathlon bikes. Thanks to the support from the Santander team, this expansion will further grow the brand, supporting its continued success.

Planet X continues to be a great success story and we’re delighted to work closely with them. The recent debt structure put in place will allow the business to achieve its strategy and ambitious growth plans. We’re happy to play our part in helping the business achieve their goals.

Andrew Russell

Relationship Director, Santander

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